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Sergio [31]
3 years ago
9

Which item is important to consider when selecting a

Business
1 answer:
GuDViN [60]3 years ago
4 0

Answer:

Both APR and fees

Explanation:

The Annual Percentage Rate -APR is the interest rate a customer pays on a credit card per year. Credit cards extend loans to the holder every time they are used. If the credit card user does not pay the full amount on the due date, it attracts interest charges. The higher the APR, the more interest a cardholder will pay. In selecting a credit card provider, APR is the most important factor to consider.

Credit card attracts other fees other the interest. These fees include Balance Transfer Fee, Foreign Transaction Fee, Annual Fee, and Cash Advance Fee. These fees affect the customer's overall cost of using the credit card.  Customers should compare different credit card companies and select one with favorable fees.

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In microeconomics, what term refers to the measurement of responsiveness of the quantity demanded or the quantity supplied to a
Bess [88]
Hello!
The answer to your question is "price elasticity".
:)
5 0
3 years ago
Last year Lowell Inc. had a total assets turnover of 1.40 and an equity multiplier of 1.75. Its sales were $295,000 and its net
katrin [286]

Answer:

ROE would have changed by 8.52%

Explanation:

First we calculate the current ROE using Dupont Equation which gives ROE as,

ROE = Net Income/Sales * Sales/Total Assets * Total Assets/Equity

or

ROE = Net Profit Margin * Total Assets Turnover * Equity Multiplier

  • Current ROE = 10600/295000 * 1.4 * 1.75 = 0.0880 or 8.8%

The condition says that the net income could have increased to 20850 but other factors will remain constant. Thus, to calculate new ROE, we will calculate the new Net Profit margin but the total assets turnover and the equity multiplier will remain constant as sales assets and capital structure is not changing.

  • New ROE = 20850/295000 * 1.4 * 1.75 = 0.17316 or 17.32%
  • The ROE would have changed by 17.32 - 8.80 = 8.52%
7 0
3 years ago
What is the yield to maturity of a nineminusyear bond that pays a coupon rate of​ 20% per​ year, has a​ $1,000 par​ value, and i
snow_lady [41]

Answer:

12.28%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = $1,407

Future value or Face value = $1,000  

PMT = $1,000 × 20% = $200

NPER = 9 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this, the answer would be 12.28%

8 0
3 years ago
If the purchase and sale of a currently illegal drug (for example, marijuana) were decriminalized, economists would expect:
Masteriza [31]

Answer:

A. An increase in demand and supply of this drug.

Explanation:

In this case, if marijuana were to decriminalized, demand would be skyrocket in the short-term. It will achieve equilibrium once it is set to be recreational use only.

6 0
3 years ago
Please help ASAP giving BRAINLIEST , Did I get this correct?
Deffense [45]

Answer:

Yes you are correct on this researched it

4 0
3 years ago
Read 2 more answers
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