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jonny [76]
3 years ago
8

If you have a balance of $1,000 on your credit card, and the interest rate is 17¾% a year, in order to pay off the $1,000 in 5 y

ears, you will have to make minimum payments of $25.26 a month. How much will the $1,000 loan cost you in interest?
Business
1 answer:
Firdavs [7]3 years ago
4 0

Answer:

540.54

Explanation:

ur welcome could i get brainliest

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What makes a checking account more conveniant than a savings account?
Alex17521 [72]
"You can spend your money without having to withdraw cash first" makes a checking account more convenient that a savings account. The correct option in regards to the given question is option "D". In savings account it is never possible to spend money first without having to withdraw cash first. It is also not right to say that checking account holders earn more interest than a savings account holder. The checking account is simply like a current account and so there is no chance of earning more interest than the savings account. The checking account allows numerous withdrawals and unlimited deposits while this is not possible with a savings account.
6 0
3 years ago
Read 2 more answers
What is the future value of $450 at an interest rate of 15 percent one year from today?
gladu [14]

Answer:

$517.50

Explanation:

we have to use the future value formula:

future value = present value x (1 + interest rate)ⁿ

  • present value = $450
  • interest rate = 15%
  • n = 1 year

future value = $450 x (1 + 15%) = $450 x 1.15 = $517.50

The basic premise of finances is that the value of money changes over time, i.e. one dollar today is worth more than one dollar tomorrow. That is because the money yo have today can be invested and it can interest, therefore, it will be worth more in the future.

3 0
3 years ago
a system of shared beliefs and values that develops within an organization and guides the behavior of its members is called orga
AURORKA [14]

The system is known as <em>Organizational Culture</em>

We can define "Organizational Culture" as an existing belief which guides staff in understanding what to do & not and includes practices, values, assumptions about their work.

  • Organization cultures creates the structure of an organization through values, sociology, and psychology

  • Examples of organizational culture includes the company's philosophy, values, expectations, experiences etc

In conclusion, the system of shared beliefs and values which exist in an organization is known as Organizational Culture.

Learn more about Organizational Culture here

<em>brainly.com/question/13996722</em>

8 0
3 years ago
The employment process is carried out by which department?
Studentka2010 [4]

Answer:

Understanding the Federal Hiring Process | U.S. Department of Labor.

5 0
2 years ago
The entity that collects economic data at a regional level is the:___________
Scorpion4ik [409]

Answer:

<u>the World Bank</u>

<u>Explanation:</u>

The <u>World Bank</u> is an international financial institution that monitors the financial activities of most countries. Regional economic data collection is done by means of a World Bank initiative called the International Comparison Program.

An example of this economic data collected is the gross domestic product (GDP) of the regions.  

6 0
2 years ago
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