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Elena L [17]
3 years ago
15

Annual Percentage Rate (APR), credit limit, and penalties

Business
1 answer:
Artyom0805 [142]3 years ago
3 0

Answer:

Choosing a credit card.

Explanation:

A credit card is a plastic rectangular card issued by financial institutions such as banks, that allows the cardholder to purchase goods or services from merchants on credit.

Credit cards offers it's users convenience to access a line of credit and thus, eliminates the need to carry cash (money) or check around.

The important criteria to consider when choosing a credit card are;

1. Annual Percentage Rate (APR).

2. Credit limit.

3. Penalties and fees.

4. Cash back.

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Data that can be modeled as dimension attributes and measure attributes are called _______ data.
tensa zangetsu [6.8K]

Data that can be modeled as dimension attributes and measure attributes are called <u>_Multi-dimensional__</u> data.

Multi-dimensional data are the data that can be modeled as dimension and measure attributes. It is a data set that has many columns, which is also known as features or attributes. The more features or attributes in the mult-dimensional data set can help you to discover more insights. In the multi-dimensional data, you can integrate queries instead of submitting the queries as in the relational database.

In the multi-dimensional data set you can manipulate different perspective and dimension by features or attributes. Multi-dimensional data modeling can dig deeper for deriving insights than the two-dimensional relational data set.  It can view the data in the form of a data cube. Data cube can be modeled and viewed as in multiple dimensions.

You can learn more about multi-dimensional database at

brainly.com/question/28089966

#SPJ4

4 0
2 years ago
Janelle likes to keep all her savings goals separate, so she has an account for each one, including an account to save for her c
Sladkaya [172]

The account that I recommend for Janelle for saving towards her textbooks, which she buys every six months, is a <u>Certificate of Deposit</u>.

<h3>What is a Certificate of Deposit?</h3>

A certificate of deposit is a fixed deposit account offered by banks and other financial institutions.

The advantage of a certificate of deposit over an ordinary saving is that it has a fixed interest rate and the rate is premium, that is higher than the ordinary savings account's interest rate.

Thus, since Janelle does not require the amount until six months, it would be better for her to choose a certificate of deposit that will earn a higher interest.

Learn more about certificates of deposit at brainly.com/question/1874937

8 0
2 years ago
Select the items that describe what most likely happens when the Federal Reserve increases the money supply (and people are conf
inessss [21]

Select the items that describe what most likely happens when the Federal Reserve increases the money supply (and people are confident in the economy).

Consumption increases and interest rates fall.

If there is more money in the economy, then there is an increase in the money supplied and consumed. Due to more being available to 'claim' more people are working and buying items they may not have otherwise and the interest rates start to fall because people aren't borrowing as much.

4 0
3 years ago
Read 2 more answers
An investment earns 10% the first year, 15% the second year and loses 12% the third year. Your total compound return over the th
Advocard [28]

Answer: 11.32%

Explanation:

Given the above variables, the total compound return can be calculated by;

= (1 + r)(1 + r₂)(1 + r₃)...(1 + rn) - 1

= (1 + 10%)( 1 + 15%) (1 - 12%) - 1

= 11.32%

7 0
3 years ago
Onofkp411 Corporation has a time contraint on one of its special machines. The company makes three products that use this machin
marta [7]

Answer: $7.20 per minute

Explanation:

Find out the profitability of each product as Contribution Margin per minute.

Magnifico

Contribution margin per minute = (Selling price - Variable cost) / minutes on the constraint

= (335.18 - 259.26) / 7.5

= $10.12 per minute

Bellissimo

= (228.46 - 173.08) / 4.3

= $12.88 per minute

Lovely

= (199.21 - 159.61) / 5.5

= $7.20 per minute

Their least profitable product is $7.20 per minute.

The machine does not have sufficient time to satisfy the needs of Lovely so they will have to pay more to acquire more of the resource but they should not pay anything more than $7.20 per minute as this is their contribution margin for the product. and anything more would result in a loss.

<em>Options are most probably for another variant of the question. </em>

6 0
3 years ago
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