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
viktelen [127]
3 years ago
9

You have a credit card balance of $53.00 from the previous month. You have $172.45 in new purchases and you made a payment of $5

0.00. Your APR is 8.75%. According to the Previous Balance method, what amount would you use to calculate the interest for this month?
Business
1 answer:
Misha Larkins [42]3 years ago
5 0

Answer:

$50

Explanation:

As per previous balance method the Interest is charged based on the opening balance of the Credit Card.

As $50 was the balance from previous month and opening balance for this month, Hence $50 would be the amount we would use to calculate the interest for this month.

You might be interested in
When the government runs a budget deficit, we would expect to see that:.
zaharov [31]

Answer:

We will expect to see the government spending more of the money than it is bring to the table/bringing in the money, and in this situation the national savings will be decreasing, and when they do lower, the investments/primary stores will also be decreasing. And if this happen the lowering investments leads to lower long-term economic growth.

Explanation

8 0
2 years ago
Read 2 more answers
1. Discuss the consumer decision making process for a product such as canned/packaged tuna and the response hierarchy model this
steposvetlana [31]

Answer

Because of the shift away from media promoting, the dynamic interaction has changed incredibly. When media promoting was weighty with COSI and StarKist, customers had gotten used to seeing the advertisements and their separate symbols. Buyers were extremely faithful to a particular brand and the reliability outgrew the recognizable symbols "Charlie the Fish" and the mermaid for COSI. Since the center has moved to principally print advertisements, advancements coming up, and coupons, there is something else entirely to keep the customer dynamic cycle occupied. An item, for example, canned fish isn't a need, and in this way can without much of a stretch be supplanted by substitutes. There is more seriousness since a buyer could simply pick a brand since it is the least expensive at a specific store or in light of the fact that they discovered a coupon in a notice. Brand devotion is done being squeezed into shoppers' psyches through business spots with an agreeable mermaid. Presently, organizations are battling to offer more advancements or more limits to build deals, yet the outcome is that for certain buyers each excursion to the store could end with an alternate brand on fish being bought. Purchasers are presently being reached at home through paper advertisements, intelligent item sites, and different advancements. Clients might have settled on their choice before going on an outing to the store. Clients would have followed the Progressive system of Impacts Model before the promoting endeavors moved from media publicizing. Shoppers knew about the brands since they were faithful and fabricated inclinations after some time that prompted buying one brand over the other. Presently, the last buy isn't driven by dedication, however rather each buy has the customer taking a gander at a few components. The activities of retail deals, print advertisements, or different advancements influence their purchasing conduct.

8 0
3 years ago
Which of the following statements is true of Gap 3 in the GAP model?
Westkost [7]

Answer:

d. It recognizes that manufacturing and service delivery systems must execute quality specifications well.

Explanation:

GAP provides for better performance and accounting standards.

Whether manufacturing unit, or a unit of providing service, it establishes some standards which need to be complied with. Accordingly one of the standard requires the units to have quality specifications. This means that the manufacturing units along with units providing service shall not only consider for increasing their revenue, but also increase the quality provided by them.

5 0
3 years ago
Market equilibrium is defined as the point where _______________ . (Select all that apply.)
Mrrafil [7]
Quantity supplied equals to quantity demanded.
8 0
3 years ago
Read 2 more answers
Kevin wants to lose 5 pounds of fat. he finds it difficult to cut back on his eating, so he decides that he will walk an hour ea
Umnica [9.8K]
You can't tell because we don't know how much calories he burns each day from walking and how much calories he intakes each day
3 0
3 years ago
Other questions:
  • Part 5: Joint Product Costs (10 points) Iaci Company makes two products from a common input. Joint processing costs up to the sp
    15·1 answer
  • Investors in middle management are most likely to be investing because they're
    9·2 answers
  • Butler Automotive developed a new diagnostic testing procedure that is expected to increase sales by $10,000 per month. As more
    12·1 answer
  • The government might enact a price ceiling in order to accomplish what?
    10·1 answer
  • Which of the following statements is TRUE? *
    13·1 answer
  • Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $1
    15·1 answer
  • Which Finance career pathway includes helping people create and manage budgets and calculate taxes?
    13·2 answers
  • Question 9 of 10
    12·1 answer
  • Ok but seriously don't click on the site in the comments...unless you want to
    9·2 answers
  • Refer to the data below to answer the following questions:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!