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
sergejj [24]
3 years ago
9

Sophie's credit card has an APR of 19 percent. What is the periodic rate?

Business
1 answer:
In-s [12.5K]3 years ago
3 0

Her daily periodic interest rate is 0.05%, her monthly periodic interest rate is 1.58%, and her semiannually periodic interest rate is 9.5%.
APR stands for the annual percentage rate of an interest rate of a person. The periodic interest rate is the portion of an annual percentage rate based on a specified period such as daily, monthly, and semi-annually. The Periodic interest rate is calculated by dividing the APR by the specified period such as 365 for the daily period, 12 for the monthly period, and 2 for the semi-annual period<span>.</span>
You might be interested in
beverly would like to take action to improve interprofessopmal communication among staff members. To be a successful agent of ch
zhannawk [14.2K]

The action that Beverly has to take first to be able to promote interprofessional communication would be Collection information about the situation.

<h3>What is interprofessional communication?</h3>

This is a term that has to do with the communication that takes place between the people that have similar occupation or profession.

It is when people in health are able to communicate within themselves, their patients and families in a more responsible way.

Read more on interprofessional communication here:

brainly.com/question/25709454

#SPJ1

3 0
2 years ago
Malinda's auto dealership of imported cars made $895,000 in revenue. The manager has determined that the total expenses equal to
jarptica [38.1K]

Answer:

Profits: $297,000

Explanation:

Revenue is the money generated by a business by selling its products and services to customers. Expenses are the cost incurred in the production and selling of goods and services.

Profits arise when revenues exceed expenses.

For Malinda Auto dealership, the revenue ($895,000) exceed expenses($598,000). Therefore, the business will realize a profit.

Profit = revenue - expenses

=$895,000 -$598,000

=$297,000

8 0
3 years ago
Which of the following statements concerning ideal standards is incorrect?
lbvjy [14]

Answer:

C. Ideal standards are better suited for cash budgeting than practical standards

Explanation:

The standards that basically handles no work interruptions or no machine breakdown is called ideal standards.

8 0
3 years ago
Assume the equilibrium price for a good is $10. If the market price is $5, a:_____________
stellarik [79]

Answer:

c. Shortage will cause the price to rise toward $10

Explanation:

c. Shortage will cause the price to rise toward $10

The equilibrium price is $10 this any price below the equilibrium price will create a shortage in the market because at price lower than equilibrium price, the demand is greater than the supply. Thus, shortage will push the prices upwards or towards equilibrium price.

6 0
3 years ago
Mandi puts $20 in her savings account. the account pays 3% simple interest. how much interest will she earn in 2 years?
cupoosta [38]
$20x2x3=120    
120/100=$1.20
Interest= $1.20
8 0
3 years ago
Other questions:
  • When a salesperson asks the buyer "do you see how this product will benefit your organization?" he or she is using a(n) _____.​?
    15·1 answer
  • One of the barriers to creating intelligence within an organization is? Select one: a. These are all barriers to intelligence wi
    5·1 answer
  • The question - in your opinion, why do most economists oppose policies that restrict free trade or trade among nations
    6·1 answer
  • Noah has a summer job wich pays 1827 for the entire summer. if 22% is taken out for federal taxes, then how much is deducted
    7·1 answer
  • Which of the following statements is true about a short term aggregate supply curve?
    11·1 answer
  • Which of the following will increase the supply of laptop computers? Choose one or more: A. The price of laptop computers rises.
    6·1 answer
  • Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Directavia, a nation with a pure co
    14·1 answer
  • When most consumers and firms reduce spending only because they expect other consumers and firms to reduce spending and a recess
    6·1 answer
  • Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following ann
    10·1 answer
  • When would you want to get the lowest interest rate possible?​
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!