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Liula [17]
3 years ago
8

A credit card issuer charges an APR of 15.77%, and its billing cycle is 30 days long. What is its periodic interest rate?

Business
2 answers:
Lady_Fox [76]3 years ago
8 0
The periodic interest rate would be B: 1.30%.
vovangra [49]3 years ago
5 0
The periodic interest rate would be B, 1.30%, This is right on APEX
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In microeconomics, what term refers to the measurement of responsiveness of the quantity demanded or the quantity supplied to a
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The answer to your question is "price elasticity".
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In a mutual fund, investors share equally in profits, losses, and management decisions.
sammy [17]

Answer: True

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Economics is the study of how people try to satisfy unlimited wants and needs with limited resources.
Viefleur [7K]

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3 years ago
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Gross domestic product (GDP) may be calculated as the sum of ______. Multiple choice question. exports and imports only consumer
Alex777 [14]

Answer:

consumer spending, investment spending, government purchases of goods and services, and net exports.

Explanation:

The Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Gross domestic product (GDP) may be calculated as the sum of consumer spending, investment spending, government purchases of goods and services, and net exports (exports minus imports).

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7 0
3 years ago
Atlas Corporation sells 100 bicycles during a month. The contribution margin per bicycle is $200. The monthly fixed expenses are
jonny [76]

Answer:

A, $12,000

Explanation:

Profit is the financial gain as a result of the difference between the selling price of a product and the cost/production cost of the product.

To calculate the profit from the sale of the bicycles, we use the formula

Profit = (marginal cost x quantity of bicycles) - Expenses.

we have,

Profit = ($200 x 100) - $8,000

Profit = $20,000 - $8,000

Profit = $12,000.

Cheers.

4 0
3 years ago
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