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kenny6666 [7]
2 years ago
6

If you have a credit card with 15.99% APR that compounds monthly, what is the effective interest

Business
1 answer:
RideAnS [48]2 years ago
7 0

Answer: 17.22%

Explanation:

Effective interest rate is calculated by the formula:

=  (1 + APR / Number of compounding periods) ^ Number of compounding periods - 1

Number of compounding periods = 12 months in the year

= (1 + 0.1599/12)¹² - 1

= 0.172155

= 17.22%

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When a company needs precise answers about the effects of various proposed marketing actions on important outcomes, what type of
Sergeu [11.5K]

Answer:

<u><em>Causal research </em></u>

Explanation:

When a company needs precise answers about the effects of various proposed marketing actions on important outcomes , <u>Causal research  </u>should be used .

<em>Causal research is a type of research in which there is a investigation on cause and effect relationship.</em>

Causal research is a important thing. In causal research the problem is clearly define causal research allow replication if there is a need of do so.Causal research helps in identifying the channel of causal.

But causal research does not support the discovery of other factors which also important , it also doesn't reveal the resource used .

8 0
3 years ago
At the end of its first month of operations, a company reported Revenue of $37,000. It also reported Wages Expense, $6,000; Rent
Alexxx [7]
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8 0
1 year ago
2. What is the difference between international marketing and global marketing
quester [9]

Answer:

Global and international

plz follow and thanks me

Explanation:

Global marketing views the whole world as one, and creates products that will only require weeks to fit into any regional marketplace.

International marketing means that marketing decisions are made in the individual countries, with staff who is the most knowledgeable about the target markets.

hope it's help

8 0
2 years ago
My company is Walt Disney. I’m suppose to record down the prices 2x a week so can u guys give me an example of how to calculate
Sedbober [7]

The stock code for the Walt Disney Corporation is "DIS." If you search the internet for DIS you will see the current stock rate.

Today, the price closed at $116.86 per share.

Multiply this price by the number of shares you are buying to find the total cost. To find the percentage change, divide the new price by the old price and multiply that decimal by 100.

8 0
3 years ago
The total dollar value of bison killed from Huntington Forest is f(b)=42b-1.1b^2, where b is the number of bison killed. The mar
balandron [24]

Answer: 20.99

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The analysis and explanation has been attached below

3 0
2 years ago
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