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Vladimir79 [104]
3 years ago
12

Read the information about two competing credit cards. Credit Card 1 Credit Card 2 Interest rate 0% introductory rate, then 13.8

% after one year 12.1% Annual fee None No annual fee in the first year, then $30 each year thereafter Credit Card 1 would be the better option if the borrower had major expenses in the first year. Spent a lot of money in the second year. Used the card regularly in the long term. Carried a large balance in the long term.
Business
2 answers:
Likurg_2 [28]3 years ago
7 0

Answer:

a. had major expenses in the first year.

d. Carried a large balance in the long term.

  1. If the borrower has major expenses in the first year, then Credit Card 1 will be a better option since it allows the borrower to repay the credit card balance without paying any finance charges. However, the borrower must repay the credit card balance by the end of the first year in order to take advantage of the introductory offer at 0% interest.
  2. If the borrower had a large unpaid balance over a long term, switching to credit card 1 from a previous credit card will give the borrower a chance to repay the outstanding balance. This option will be effective only if the borrower manages to repay the outstanding balance within the period the introductory offer lasts.

alexandr402 [8]3 years ago
7 0

Answer:

a. had major expenses in the first year.

Explanation:

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padilas [110]
The ROI percentages 

Hope this helps!
3 0
3 years ago
If the money wage rate increased from $40.00 to 45.24 and hour and consumer prices rose by 16%, we would expect _______ people t
vitfil [10]

Answer:

If the money wage rate increased from $40.00 to 45.24 and hour and consumer prices rose by 16%, we would expect _______ people to try to find a job and employed people to want to work _______ hours.

a. more; longer.

The____ would _____.

b. quantity of labor supplied; increase.

Explanation:

Generally, when wage rates increase, this will led to an increase in the inflation rate. The problem is what happens if wages increase less than the inflation rate. This means that real wages will actually decrease once we adjust them to inflation. This will cause more people trying to get a job or working longer hours just to be able to pay for the same amount of goods as before.

In this example, the wage rate increased by 13.1%, but the inflation rate increased by 16%, so real wages decreased.

8 0
3 years ago
Bear Tracks, Inc., has current assets of $2,280, net fixed assets of $10,400, current liabilities of $1,405, and long-term debt
Vera_Pavlovna [14]

Answer: $7185

Explanation: Shareholders equity refers to the amount of funds that are collected by the company by selling their ownership rights in the market to the general investors.

As per the subject matter of accounts, every asset that is owned by an organisation is either financed by the available funds or some liability is taken to buy it. This could be illustrated as follows :-

assets =  shareholders equity + liabilities

Putting the values into equation we get :-

$2280 + $ 10,400 = $1,405 + $4090 + shareholders equity

therefore :-

shareholders equity = $7185

6 0
3 years ago
Oann and mark, a white american couple, are planning to purchase a home in the next year or so. they approve of residential inte
BaLLatris [955]
Hmmm not sure exactly what you are asking the wording is strange but this seems to be showing Racism towards blacks.
8 0
3 years ago
Aaron purchased footballs from Matthew for $370. Matthew had purchased the footballs from Tom by providing Tom with a bad check.
LenaWriter [7]

Answer:

The principle in Law 'Nemo dat quod non habet' states that an individual connot give what he does not have

Indeed Tom can rescind the contract with Matthew as he possesses voidable title to the balls

Explanation:

Until consideration has moved from Matthew to Tom the validity of the agreement/Contract remains inconclusive.

Considering his Account is not funded means he has no valid title to the Balls, he is merely in possession of the Balls but not the Owner.

Tom can sue demanding a return of the Balls irrespective of Matthew having sold them to Aaron.

Another illustration could be given of a thief who sells off a property. Inspite of the Buyer being unaware, because the thief has a voidable title it makes the transaction invalid.

8 0
3 years ago
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