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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>
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You can also use Duolingo! :)
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3 years ago
Explain the key function of the marketing manager..
harina [27]

Marketing manager analyze the demand regarding the product as well as the trend.

Explanation:

Marketing manager has to perform various responsibilities, they are as follows-

<u>Coordinates and advises various business activity</u>

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5 0
3 years ago
Gloria is opening an upscale women's clothing store in a growing suburban residential area. gloria knows her target market is up
BartSMP [9]
I had to look for the options and here is my answer:

Based on the scenario above about Gloria opening a women's clothing store, she will most likely utilize <span>real estate values by subdivision as the premise for aiming her market since she cannot afford to buy a PRIZM or Tapestry analysis. </span>
5 0
3 years ago
What economic goals does centrally planned economy address?
Talja [164]
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8 0
2 years ago
Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f
Cloud [144]

Answer and Explanation:

The computation is shown below:

a. The margin is

= Net operating income ÷ Sales

= $5,200,000 ÷ $18,600,000

= 27.96%

b. The turnover is

= Sales ÷ average operating assets

= $18,600,000 ÷ $35,200,000

= 0.53 times

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= Net operating income ÷ average operating assets

= $5,200,000 ÷ $35,200,000

=  14.77%

Hence, the above formulas to be applied

4 0
3 years ago
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