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miv72 [106K]
3 years ago
14

Robert's credit card has a balance of $645.42, but the amount that he needs to pay to bring the card to a $0 balance is $1235.18

because he missed a payment. What is Robert's interest rate?
Business
1 answer:
TEA [102]3 years ago
7 0

Answer:

Robert's interest rate is 91.46%.

Explanation:

Given that Robert has $ 645.42 on his credit card balance, but the payment he needs to make to bring his balance to $ 0 is $ 1235.18, the interest rate for non-payment that he has in his account is as follows:

645.42 = 100

1235.18 = X

((1235.18 x 100) / 645.42) = X

191.46 = X

Therefore, since 191.46 - 100 is equal to 91.46, the interest rate that this account has is 91.46%.

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Marysya12 [62]

Answer:

C. Interviews

Explanation:

In an interview, there is personal contact between the interviewer and the person interviewed. In this context, first impressions are very important (this is why people are advice to dress and groom themselves well before going to an interview).

A postive first impression can result in a general positive bias when analyzing the person. This is the halo effect and can become helpful in securing the job.

On the contrary, a negative first impression can result in a negative bias when analyzing the person. Negative qualities are ascribed to the person without much basis. This is tthe Devil's Horns effect and can result in the loss of the job opportunity.

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Honest Tea's mission statement is "Honest Tea seeks to create and promote great-tasting, organic beverages. We strive to grow ou
Ilya [14]

Answer:

b Sense-of-mission marketing

Explanation:

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Since in the question it is mentioned that the company used the natural ingredients and promotes the fair trades with the suppliers. So here it is the sense of mission marketing principle

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3 years ago
A client recently purchased a sizeable number of mutual fund shares and knows that the Net Asset Value will change daily. The cu
julsineya [31]

Answer:

(B) NAV per share is calculated by subtracting the liabilities of the fund from the total assets of the fund, then dividing this number by the total number of shares currently outstanding.

Explanation:

The Net asset value(NAV) of any mutual fund corporation can be determined using below mentioned formula:

Net asset value(NAV) per share=(Current market value of all assets - liabilities) /Total number of shares outstanding.

Based on the above formula, the statement which best describe the computation  to arrive at NAV per share is

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4 years ago
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4 years ago
Read 2 more answers
Suppose the production function is given by Q = 4K + 6L. What is the average product of capital when 10 units of capital and 5 u
Lana71 [14]

Answer:

The average of the product of capital is 7

Explanation:

The average of the product of capital is computed by using this equation or formula :

AP = aK + bL / K

where

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k is Capital, which is 10 units

L is Labor, which is 5 units

ak where a is the component which is 4

bL where b is the component which is 6

So, putting the values above in the formula:

AP = 4(10) + 6(5) / 10

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AP = 7

Therefore, the average product is 7

3 0
3 years ago
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