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olasank [31]
3 years ago
6

If Susan had no previous balance on her credit card, and she manages to pay off the balance within 1 month, how much will she ha

ve to pay in interest?
Business
1 answer:
8_murik_8 [283]3 years ago
5 0
Based on the given scenario above, since Susan had no previous balance on her credit card and that she was able to pay off the balance within 1 month, she will not be paying any interest. The interest in the credit card only applies to the amount that has been pass the due date or are not paid in full. Hope this answer helps.
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______, an investor is able to replicate a corporation's capital structure by borrowing funds and using those funds along with h
Anika [276]

With homemade leverage, an investor is able to replicate a corporation's capital structure by borrowing funds and using those funds along with her own money to buy the company's stock. This is further explained below.

<h3>What is homemade leverage?</h3>

Generally,  When an investment in a firm that does not use leverage is converted into the impact that leverage has on investment by using personal borrowing, this is an example of homemade leverage.

In conclusion, By utilizing borrowed money plus her own finances to acquire shares in a firm, an investor might "do her own leverage," or mimic the capital structure of a publicly traded company.

Read more about homemade leverage

brainly.com/question/15083730

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6 0
1 year ago
Suppose that the U.S. Government decides to charge draft beer drinkers a tax. Before the tax, 35 million glasses of draft beer w
RUDIKE [14]

Answer:

$3 per glass

Explanation:

THe consumer are paying (9-6) per glass, so $3 higher.

Most other data in the question seems irrelevant.

7 0
3 years ago
Both SAR and EC are important attributes of irrigation water. What do these measures indicate? What is the danger of irrigation
PSYCHO15rus [73]

Answer:

a. SAR is the Sodium adsorption ratio of the water used for irrigation purpose. SAR is ratio of sodium concentration to that of calcium and magnesium concentration.This value is also useful while managing soils that have high concentration of sodium which can occur naturally in some soils.  Although sodium is a macro-nutrient for plants, higher concentration of sodium can cause the displacement of the calcium and magnesium ions in soil which can affect the soil structure by preventing aggregation of clay in the soil resulting in a decrease in the infiltration rates.

b. EC is the electrical conductivity of the soil which depends on the salinity of the soil. High salinity means more solutes in water and this increases the osmotic potential of the soil solution making it difficult for plants to absorb water.

4 0
3 years ago
Two costs at Bradshaw Company appear below for specific months of operation. Month Amount Units Produced Delivery costs Septembe
arsen [322]

Answer:

(a) Delivery costs are mixed and utilities are variable.

Explanation:

Mixed costs are costs that are fixed and variable, for example, delivery costs are mixed because of the fixed cost of having the delivery equipment, like trucks and cars, and the variable is the amount of gas that you pay for it, then utilities are variable because the problem doesn´t specify that they are not.

8 0
3 years ago
Grand Canal Incorporated issued 10-year bonds six years ago with an annual coupon rate of 9.625% APR. The bonds have a face valu
aleksklad [387]

Answer:

$1,125.98

Explanation:

market price of the bonds = present value of face value + present value of coupons

PV of face value = $1,000 / (1 + 0.0599)⁴ = $792.39

PV of coupons = coupon x {1 - [1/(1 + r)ⁿ]} / r = 96.25 x {1 - [1/(1 + 0.0599)⁴]} / 0.0599 = 96.25 x 3.34659 = $333.59

market value = $792.39 + $333.59 = $1,125.98

6 0
3 years ago
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