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
Which of the following statements about the labor market is correct? A. The employment contract specifies the level of work effo
Rufina [12.5K]

Answer: <u><em>(A.)The employment contract specifies the level of work effort required from a worker.</em></u>

(<u><em>C.) The buyer in the labor market is a price setter.</em></u>

Explanation:

In a economy the employment contract specifies the level of work effort required from a worker. i.e. while hiring an employee for a position in a organisation, It is required to completely specify the level of work effort required from that worker.

Also, Firms interact with individuals, employing them, discharging them and promoting or cutting wages and hours. The relationship between the forces of supply and demand influences the hours the worker works and their compensation.

6 0
3 years ago
______ is a form of sales promotion in which sales personnel are incentivized to expend greater effort selling a specific produc
Stella [2.4K]

Answer:

Sales Incentives

Explanation:

Sales Incentives is a form of sales promotion in which sales personnel are incentivized to expend greater effort selling a specific product or brand. When salesperson is given some kind of incentives for selling a product or service, the amount or benefit paid to him other than his fixed salary is know as Sales incentive. It is paid basically to motivate him for selling the product, or keep him motivated for selling the larger amount of products.

By using the sales incentives company cant not only increase its sales but also can compete with other companies in retail format and overall. When the particular company's sales team will be more motivated by this technique then surely they will gather more traffic towards them and then converting that traffic into sales number.

3 0
3 years ago
Which of the following rules regarding filling out a job application is false? a. Read and follow instructions exactly b. Leave
Zolol [24]

Answer:

b

Explanation:

5 0
3 years ago
Read 2 more answers
During the industrial revolution, new technologies fueled strong ________ for products.
AlekseyPX
They fueled strong demands for products. 
5 0
3 years ago
Vaughn Manufacturing began the year with retained earnings of $114000. During 2022, the company issued $84500 of common stock fo
il63 [147K]

The net income for the year 2022 is: c. $88,000.

<h3>Net income for the year 2022</h3>

Using this formula

Net income=Revenues - Expenses

Let plug in the formula

Net income=$735,000-$647,000

Net income=$88,000

Therefore the correct option is c.

Learn more about net income here:brainly.com/question/15530787

#SPJ1

7 0
2 years ago
Other questions:
  • Select all of the purposes workplace technology can serve, as stated in the segment.
    9·1 answer
  • Which of the following best describes the relationship between diminishing marginal returns and marginal cost?a. If marginal ret
    7·1 answer
  • Blair Biotech enters into a licensing agreement with Pang Pharmaceutical for a drug under development. Blair will receive a paym
    10·1 answer
  • The firm that printed your textbook bought the paper from XYZ Paper Mills. Was this purchase of paper part of​ GDP? If​ not, how
    12·1 answer
  • If the oranges were grown and the jam produced in the year 2005, but the marmalade was sold at the corner store in the year 2006
    9·1 answer
  • Why did laocoon throw a spear at the wooden horse
    15·1 answer
  • Bank "A" is offering 2% interest and a $100 debit card on a newly opened savings account with a minimum balance of $1,000 for on
    14·2 answers
  • Which resource management task enables resource coordination throughout the incident? A. Order and Acquire B. Demobilize C. Reim
    14·1 answer
  • Define uncertainty. What are some of the basic causes of uncertainty in engineering economy studies?
    14·1 answer
  • What money management skills?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!