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Tpy6a [65]
3 years ago
7

The annual interest rate on a credit card is 17.99%. If a payment of $200.00 is

Business
1 answer:
Iteru [2.4K]3 years ago
5 0

Answer:

It would take a total of 14.572001 Months to pay off the balance, with interest

Explanation:

$2470.04 Would take 12.6 months to pay off, therefore, you must apply 17.99% yearly interest to this figure.

$2470.04 * .1799 = $444.36 interest

Principal + interest = total

$2470.04 + $444.36=  $2914.4

$2914.4 / $200 = 14.57 months

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During the Great Depression, the gross domestic product in the United States fell 30 percent. What do you think happened to the
kiruha [24]

Answer:

The production possibilities frontier shifted inward.

Explanation:

Production possibilities frontier also called production possibilities curve

is based on the assumptions that the available resources in an economy can produce only two commodities, it depicts the number of commodity B the society can forgo in order to produce commodity B, given the available resources.

During the war the productive base of United States was affected negatively as some of the production inputs were destroyed and this reduced the GDP by 30%. Some of the factors that can shift the production possibilities curve inward is natural disaster, war, unemployment and limited money supply.

4 0
3 years ago
You sold five put contracts on CTB stock at an option price per share of $1.90. The options have an exercise price of $45 per sh
IRINA_888 [86]

Answer:

-$2,050

Explanation:

Given that,

Number of options sold = 5

Option price per share = $1.90

Exercise price = $45 per share

Market price = $39 per share

As the exercise price is greater than the stock market price, so the purchaser of the put option will exercise the option,

Lot size = 100 shares

Therefore, the loss on this investment is calculated as follows:

= -{[(Exercise price - Market price) × Number of options sold] - (Option price × Number of options sold)} × Lot size

= -{[($45 - $39) × 5] - ($1.90 × 5)} × 100

= -$2,050

6 0
3 years ago
Candidates for depth interviews could include a. current customers. b. members of the target market. c. executives and managers
Romashka [77]

Answer: d. All of these are candidates for depth interviews.

Explanation:

Depth interview is a research technique which is qualitative and involves conducting individual interviews which are very intense with the respondents in order to have their idea regarding certain topics or issues.

Candidates for depth interviews could include current customers, members of the target market and the executives and managers of the company. Therefore, all of these are candidates for depth interviews.

8 0
3 years ago
20. Frictional unemployment is inevitable because: A) different sectors do not shift. B) the economy needs to be lubricated. C)
Cerrena [4.2K]

Answer:

The answer is option B) Frictional unemployment is inevitable because the economy needs to be lubricated.

Explanation:

Frictional unemployment is different from others in happens as a result of employees seeking out better opportunities. They could leave voluntarily or be fired from their current jobs but its is for a greater good- which is a quest for better economic opportunity.

Frictional unemployment occurs when there is a mismatch between job seekers and available jobs in the market.

It also happens due to the natural career progression for an employed staff seeking to transition to a new job, industry, or role.

Frictional unemployment is like a lubricant in the economy because an increase in frictional unemployment means more workers are moving toward better positions.

4 0
3 years ago
Help Please NO FAKE ANSWERS PLEASE I REALLY NEED HELP (economics)
soldier1979 [14.2K]
If your a busy small business owner, taking time away from your store makes you less efficient. The trade offs for using this premium service are 1. your spending more money 2. control over quality. Vise versa if your paying more for the “best groceries” then that may not be an issue. Also be aware that another issue is stocking, going to the store yourself does not guarantee that the store will have all items in stock when you go. 3. Time, taking time to grocery shop takes away from your business or the cost of an employee to watch the business or do the shopping for you having you rely on a third party’s judgment. 4. Gas, the cost of gasoline to go to and from the store. If all these are added up then you are essentially paying more for your “in person” groceries as it is. Choosing to grocery shop yourself saves you money (although how much? Once everything is taken into account?) but again the time it takes away is significant. For a busy small business owner time is extremely important and this is why the trade off of cost or added expenses for groceries may be worth it. (I hope this helps guide you in answering this question).
3 0
2 years ago
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