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AnnZ [28]
3 years ago
10

Explain why making the minimum payment leads to paying the most interest.

Business
1 answer:
Sauron [17]3 years ago
6 0

since the price is so low the interest goes up because you paid just a little and so they want to get more off of that purchase.

Explanation:

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Katen [24]

Answer:A

Explanation:

Persuading is a way to attracter customers

3 0
3 years ago
Handmade Soaps Company had operating expenses of $52,000. At the beginning of the year, Handmade Soaps owed $15,000 on accrued l
Softa [21]

Answer:

Cash Paid = $62000

Explanation:

To calculate the amount of cash paid by the business for operating expenses during the year, we use the following equation.

Cash Paid = Opening Accrued liability + Operating expenses for the year - Closing Accrued Liability

By plugging in the values for opening accrued liabilities, operating expenses for the year and closing accrued liabilities in the above formula, we can calculate the amount of cash paid for operating expenses.

Cash Paid = 15000 + 52000 - 5000

Cash Paid = $62000

3 0
2 years ago
A diverse team will almost always have _____ than a homogeneous team. more extensive external contacts lesser cognitive resource
AfilCa [17]

Answer: more extensive external contacts

Explanation:

Team diversity has to do with the differences that the members of a particular team have. Such differences can be due to religion, nationality, age etc. .

It should be noted that diverse team will almost always have more extensive external contacts than a homogeneous team.

6 0
3 years ago
Knowledge Check 01 On February 13, a jewelry store sells an engagement ring with a sales price of $10,000 to a nervous young man
WARRIOR [948]

Answer:

Date      Account Title         Debit        Credit

Feb 13    Cash                 $10,975  

                  Sales                                  $10,000

            Sales Tax Payable          $975

             (10000 * 9.75%)

5 0
3 years ago
Supply costs at Lattea Corporation's chain of gyms are listed below: Client-Visits Supply Cost March 11,665 $28,579 April 11,461
mario62 [17]

Answer:

<em>$0.48 per client-visit; $22,856 per month</em>

Explanation:

Where,

y2 is the total cost at highest level of activity;                                                                       y1 is the total cost at lowest level of activity;                                                                      x2 are the number of units/labor hours etc. at highest level of activity; and                           x1 are the number of units/labor hours etc. at lowest level of activity

<em>Variable Cost per Unit </em>

= (28,904 -28,227) / (12,600-11,199)

= $0.48

<em> Total Fixed Cost </em>

= y2 ? bx2

= 28,904 - $0.48 * 12600

= $22,856.00

3 0
3 years ago
Read 2 more answers
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