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shusha [124]
3 years ago
9

Does it matter how often banks charge interest?

Business
1 answer:
vekshin13 years ago
8 0

Answer:Basically no

Interest is charged on a monthly basis in the form of a finance charge on your bill. If you have a revolving balance, you will lose that 21-day interest-free grace period on purchases.

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An ordinary annuity selling at $4,947.11 today promises to make equal payments at the end of each year for the next eight years
Kryger [21]

Answer:

$812.49

Explanation:

Given that

Sale value of ordinary annuity = $4,947.11

Time period = 8 years

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So by considering the above information, the annual annuity payment is

$4,947.11 = Annual annuity payment × Present value annuity factor at 6.5% for 8 years

$4,947.11 = Annual annuity payment × 6.0888

So, the annual annuity payment is $812.49

7 0
4 years ago
If the government imposes a minimum wage of $4, then how many workers will be unemployed
zheka24 [161]
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4 0
4 years ago
Kevin was not enrolled in school, nor did he have a job that required mathematical skills or reasoning, yet he spent several nig
slamgirl [31]

The answer is intrinsically motivated.

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7 0
3 years ago
You work for a company that has marketed medigap products for many years. the company has added medicare advantage and part d pl
vivado [14]

What do you need to do with your materials before using them for marketing purposes? Once you develop new marketing materials, the materials need to be submitted for review to make sure they accurately describe and reflect the new items. All marketing materials no matter the company, need to be approved before they are pushed out to the public to gain their target markets interest.

3 0
4 years ago
Read 2 more answers
A partner had the following items reported on a partnership Schedule K-1: Ordinary income $27,000 Interest income 4,500 Dividend
AnnZ [28]

Answer:

right answer is option no b

Explanation:

₹32,500

6 0
3 years ago
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