1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
s2008m [1.1K]
3 years ago
7

Nora has heard that opening a lot of credit card accounts is a good way to build credit. She currently has five cards, but is so

metimes forgetful in paying her bills on time and usually has a balance on each card. Her favourite store is offering a $50 coupon on her next purchase, with the promise of more coupons in the future, if she opens a credit card. She decides to open the store credit card to get the discounts.
How would Nora use the decision making steps in this scenario?

Is this a good or bad debt move? Why?
Business
1 answer:
Sladkaya [172]3 years ago
8 0
This is a bad move. You should work on getting a high credit score on one card not multiple.
You might be interested in
For various reasons related to trying to prevent a catastrophic recession during the pandemic, the federal government has and wi
Novosadov [1.4K]

Answer:

$0.316 trillion per annum

Explanation

According to the scenario, computation of the given data are as follow:-

Interest rate = 0.5% = 0.005

Government Borrows = $6 trillion

Time = 20 years

Required Uniform Annual Payment= Government Borrows × Interest Rate × [(1 + Interest Rate)^Time period ÷ (1 + Interest Rate)Time period] - 1

= $6 trillion × 0.005 × [(1 + 0.005)^20 ÷ (1 + 0.005)^20 - 1]

= $0.03 trillion × [(1.005)^20 ÷ (1.005)^20 - 1]

= $0.03 trillion × (1.1049 ÷ 1.1049 - 1)

= $0.03 trillion × (1.1049 ÷ 0.1049)

= $0.03 trillion × 10.533

= $0.316 trillion per annum

3 0
4 years ago
Why is it important to look at external sources of information when exploring product and service information?
kolbaska11 [484]

Internal data is from within the company, like operations and sales figures. External data comes from looking at the market, such as consumer trends, and marketing research. It is important to consider external data because it gives companies a better picture of their customers and competitors.

5 0
3 years ago
Explain two business objectives a business might have<br><br> Will give BRAINLIEST
JulijaS [17]
Productivity of People and Resources
Employee training, equipment maintenance and new equipment purchases all go into company productivity. Your objective should be to provide all of the resources your employees need to remain as productive as possible.

Dealing with Change
Change management is the process of preparing your organization for growth and creating processes that effectively deal with a developing marketplace. The objective of change management is to create a dynamic organization that is prepared to meet the challenges of your industry.
6 0
2 years ago
22. Akshay worked at a cafe while he was a college senior in Boston,
Nostrana [21]

Answer: The answer is C

Explanation: I got this correct on a test

7 0
3 years ago
Read 2 more answers
____ focuses on the productivity of the individual worker; the _____ approach focuses on the total organization.
telo118 [61]

Individual productivity in the workplace entails executing tasks that advance you toward achieving your objectives in a timely manner and contribute to your work-life balance and simplicity. You divide the average production for a given period by the expenses incurred or the resources, such as staff, used during that period to determine productivity.

Being able to create, especially quickly and with excellent quality, is a sign of productivity. Making excellent school tasks in a short amount of time is an example of productivity. How quickly toys can be produced in a toy factory is an illustration of productivity.

To learn more on individual productivity

brainly.com/question/3053378

#SPJ4

7 0
2 years ago
Other questions:
  • Which situation is most likely an indicator that an economy has reached a peak?
    7·1 answer
  • Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable $ 30,000 Accounts receivabl
    7·1 answer
  • "Under the California Insurance Code, there are no _______ for life or health insurance in California."
    15·1 answer
  • On January 1, the Elias Corporation issued 10% bonds with a face value of $50,000. The bonds are sold for $46,000. The bonds pay
    12·1 answer
  • If a company is concerned about lending money to a risky customer, which one of the following would it not want to do? Require t
    10·1 answer
  • According to Henry Mintzberg, in the _____, managers receive a great deal of unsolicited information because of their personal c
    13·1 answer
  • What price will be paid for a u.s. treasury bond with an ask price of 135:20?
    13·1 answer
  • ​First, compute cost of goods manufactured. Schedule of Cost of Goods Manufactured Beginning Work-in-Process Inventory 38000 Dir
    9·1 answer
  • During summer vacation, you charge people $8 per hour for swimming lessons and a $20 registration fee. If you make $52 one day,
    9·1 answer
  • Mary Beth purchased her primary residence for $280,000.00. As part of the closing procedure, she paid $2,900 in a loan originati
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!