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Rudik [331]
3 years ago
6

Cole has a credit card bill of $3,100. His credit limit is $3,000. Is Cole using credit responsibly or irresponsibly?

Business
2 answers:
Gnoma [55]3 years ago
8 0

Answer:

Answer B. Irresponsibly

Explanation:

Cole's invoice has exceeded its limit. This means that Cole is likely to have poor financial management and is paying interest by delaying his bill as he has used his 3000 limit. This way, he is acting irresponsibly by breaking his limit and compromising all of his income.

Anton [14]3 years ago
5 0
I would say B, because if you exceed the limit on your credit card, that shows that you would know how to add money onto your account. You cannot use more on your credit card than you already have unless you add more money on.
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You establish a straddle on Fincorp using September call and put options with a strike price of $80. The call premium is $7.00 a
Nina [5.8K]

Answer: $15.50

Explanation:

From the question, we are informed that someone establish a straddle on Fincorp using September call and put options with a strike price of $80 and that the call premium is $7.00 and the put premium is $8.50.

The most that can be lose on this position will be the addition of the call premium and the put premium. This will be:

= $7.00 + $8.50

= $15.50

6 0
3 years ago
William pays $500 premium every six months for automobile insurance with collision coverage. His deductible is $750. William cau
stich3 [128]

<span>A collision coverage type of insurance only the covers the cost that is incurred due to damage to your car. It does not include the cost for the other car. Therefore you will have to pay the total of $1,100</span>

6 0
3 years ago
Read 2 more answers
A tour group split into two groups when waiting in line for food at a fast food counter. The first group bought 8 slices of pizz
creativ13 [48]

Answer:

The cost of an slice of pizza is $3.94

Explanation:

Hi, we have to construct 2 equations with the information of the problem, the first one is " 8 slices of pizza and 7 soft drinks for $45.10".

8P+7D=45.10

And the second one, when "The second group bought 6 slices of pizza and 5 soft drinks for $33.34" is.

6P+5D=33.34

Where: P = pizza slices and D= soft drinks

We need to substract one equation from the other, but firs we need to equal one of the variables. In order to do so, we multiply our first equation by 5 and the second one for 7, therefore we get.

First equation

40P+35D=225.5

And the second one:

42P+35D=233.38

And now, we substract them and solve.

40P+35D-(42P+35D)=225.5-233.38

40P-42P+35D-35D=-7.88

-2P=-7.88

P=\frac{-7.88}{-2} =3.94

The cost of a slide of pizza is $3.94

In case you needed to find the cost of the soft drink, we just substitute P for 3.94 in any of the initial equations, that is:

8(3.94)+7D=45.1

7D=13.58

D=1.94

The cost of a soft drink is $1.94

Best of luck.

7 0
3 years ago
The exact meaning of the signals exchanged between a sender and a receiver is called a:_________
Nastasia [14]

The exact meaning of the signals exchanged between a sender and a receiver is called as a Network protocol.

<h3>What Is a Network Protocol?</h3>

A network protocol is a set of rules that determine how data is transmitted between different devices in the same network.

Because of the Network protocols we can easily communicate with people all over the world, and thus play a critical role in modern digital communications.

Similar to the way that speaking the same language simplifies communication between two people, network protocols make it possible for devices to interact with one another because of predetermined rules built into devices’ software and hardware.

Neither local area networks (LAN) nor wide area networks (WAN) could function the way they are doing today without the use of network protocols.

To learn more about network protocol: brainly.com/question/13327017

#SPJ4

4 0
2 years ago
The Minnesota legislature passed a law requiring that employers allow each employee adequate time within each four consecutive h
Reika [66]

Answer: a statute

Explanation:

Minnesota legislature passed a law requiring that employers allow each employee adequate time within each four consecutive hours of work to utilize the nearest convenient restroom. This law is a statute.

A statute is simply a written law that has been passed by a legislative body. It is a specific statement that the legislative body has approved and also endorsed by an executive body.

5 0
3 years ago
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