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lina2011 [118]
3 years ago
14

What are the similarities and differences between a debit card and a prepaid card?

Business
1 answer:
valkas [14]3 years ago
8 0

Answer:

Credit card

1.Borrow money to make purchases and repay it later

2.Can help build your credit history

3.Likely charged interest if you don't pay your bill in full every month by the due date

Debit card

1.Money deducted from your bank account to pay for purchases

2.Won't help build your credit history

3.No interest charges

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Many advertising organizations say that applying the term "unfair" to an advertisement is
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Answer:

<em>Necessary to protect consumers from harmful products</em>

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2 years ago
What is the present value of $1,400 a year at a discount rate of 8 percent if the first payment is received 7 years from now and
ioda

Answer:

P V = 1669,5

Explanation:

After seven years, future payment will be 9800$ and from there on we will have 23 annual payments more:

P V = 9800/(1+0.08)^23 = 9800/5,87 = 1669,5

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3 years ago
When starting a small business, it's important to remember:?
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If 5 Swiss francs trade for $1, the U.S. price level equals $1 per good, and the Swiss price level equals 2 francs per good, the
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0.4 swiss good(s) per U.S good(s)

Explanation:

firstly we calculate how many dollars we get per Frank so we will say $1/ 5 Swiss Franks =$0.2 which is similar to (5x =1, solve for x =1/5 / 0.2 in simple maths )per Swiss Franc thereafter we calculate the how many Swiss Francs per good compared to dollars per good we can get so therefore 2 Swiss Francs per good/$1 per good is the ratio of comparison , hence we treat f(X) as a function of swiss good(s) per U.S good, therefore f(X)= 2 x , knowing that x= 0.2 f(x)= 2(0.2) which will result in f(x)= 0.4.

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3 years ago
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