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ANEK [815]
4 years ago
9

Orel's credit card has an APR of 12.15% and a grace period of 16 days, and Orel pays his balance in full every month. If his las

t billing cycle ended on June 24, 2009, and he made his payment on July 13, 2009, did he owe any interest on his last statement's balance?A. Yes, because he didn't pay within the grace period.
B. No, because he didn't pay within the grace period.
C. No, because he paid within the grace period.
D. Yes, because he paid within the grace period.
Business
2 answers:
My name is Ann [436]4 years ago
6 0

Yes he owes money because he did not pay it within the grace period. There is over 16 days between the billing cycle end date of June 24th and the payment due date of July 13th. Had Orel made his payment a few days sooner, he would not have been subject to interest on his account.

Aneli [31]4 years ago
3 0
. yes, because he didnt pay within the grace period 
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Classify each possible change listed according to whether it will make small farms more efficient or less efficient based on the
dybincka [34]

Full question:

Classify each possible change listed according to whether it will make small farms more efficient or less efficient based on the information in the Washington Post article Small vs. Large: Which Size Farm Is Better for the Planet:

Plant more disease-resistant crops, reduce the number of different crops planted, avoid planting genetically modified crops, rely more on organic rather than synthetic methods of farming,

Answer and Explanation:

Plant more disease-resistant crops is classified under more efficient and Less costly. The writer believes disease resistant crops increase efficiency as there is reduced occurrence of death of crops and consequent increased losses and costs

Reduce the number of different crops planted is classified under more efficient and less costly. The writer emphasizes specialization in farming whereby for example planting rice or corn should be done alone and not mixed with other crops as this would be less efficient and costly.

Avoid planting genetically modified crops is classified less efficient and more costly. The writer encourages planting genetically modified crops as genetically modified plants are geared towards increased plant product and yield from genetically optimized plants

Rely more on organic rather than synthetic methods of farming is classified less efficient and more costly. In the article, the writer believes chemically induced crops are bad for the environment and don't yield much in efficiency with time

7 0
3 years ago
What is comsumption efficiecy?
IRISSAK [1]
Consumption efficiency (Ec) is defined as a ratio, expressed as a percentage: a final output's effectual value divided by its potential value
4 0
4 years ago
Match each type of tax with the correct description.
kondor19780726 [428]

Answer:

Explanation:

Tax is a compulsory contribution levied by the government on income earners and the profits of those in business in order to raise funds for public expenditures. It comes in various forms as listed.

Federal income tax : Collected from citizens who pay up to 39.6% of their earnings

Medicare Tax: Used to support health care costs for retiree

State income tax : Collected from citizens in most state

Social security tax: Used to financially support retired people and people with   disabilities

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6 0
4 years ago
Understanding Persuasion in a Social and Mobile Age
omeli [17]

Answer: 1. a. persuasive practices

2. A. Persuasion is simple and more personal

C. Persuasive messages spread at warp speed

D. All businesses are in the persuasion business

E. The volume and reach of persuasive messages have exploded

Explanation:

1. Being able to persuade your consumers to buy the company products leads to better sales and better bottomlines for the company. This is why employees try their best to be persuasive to consumers some times for products that won't even benefit them. This will put the employees in a better position at work. Consumers therefore need to be wary of these persuasive skills to be able to stand their ground should they not want a product.

2. Persuasion in this day and age is employing tried and tested psychological methods to achieve better results. One of these is to be simpler and personal. By relating to the actual person involved, they are able to build a relationship and convince people faster.

With the scale and magnitude of Information and Communication Technology in the world right now, persuasive messages are easier to spread. They are spread so fast to multiple geographical locations thus increasing their reach as well.

It would also seem as though these days that all businesses are in the persuasion business. Whether it's consumers, suppliers, the Government etc, all businesses are engaged in trying to persuade entities in such a way that their interests are pushed forward.

5 0
3 years ago
You observe that the current interest rate on short-term U.S. Treasury bills is 4.23 percent. You also read in the newspaper tha
slamgirl [31]

Answer:

Approximate real rate is 3.03%

Explanation:

We know that,

Real rate = Nominal rate - Inflation rate

Real rate = 4.23% - 1.2%

Real rate = 3.03%

The U.S treasury bills are considered as a nominal rate i.e 4.23% and the inflation rate is 1.2%. We simply subtract the nominal rate with the inflation rate to find out the real rate so that the accurate rate could come

4 0
4 years ago
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