Answer:
Lois will save $152.51 when she wil transfer her balance.
Explanation:
Amount to be paid in 1 year for original credit card is given as

Here
is the amount to be paid after P is the balance which is 970,
is the APR for first credit card which is 24.2% and t is compounding frequency which is 12 so

Similarly for the second one the values are calculated as

The differnce of the two values is calculated as

The difference is $152.51 which she could save.
The Roth IRA. The SEP IRA. Simple IRAs and Simple 401(k) Plans (k). You contribute Traditional after-tax dollars to a Roth IRA, retirement money grows tax-free, and you can generally make tax- and penalty-free withdrawals after the age of 5912.
With a Traditional IRA, you can contribute before or after taxes, your money grows tax-deferred, and withdrawals are taxed as current income once you reach the age of 5912. A Roth IRA is an Individual Retirement Account into which you make after-tax retirement. While there are no current-year tax advantages, your contributions and earnings can grow tax-free, and you can withdraw them tax- and penalty-free after age 5912 and five years.
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Answer: B) Revenues minus expenses over an accounting period.
Explanation:
The Income statement lets the business know how much profit it made from its operations during the year.
It lists the revenue that was earned and then deducts all expenses that were incurred from that revenue including taxes and interest payment and then presents the net income/loss.
The first option refers to the Cashflow statement.
The net present value is 12,100. The investment should be made because NPV is positive
The present value of an investment's after-tax cash flows is known as the investment's net present value.
Businesses can make decisions using the NPV technique. It aids in not only comparing projects of the same size but also in determining whether a given investment is profitable or not.
While the net present value has advantages such as taking time worth of money into an account and assisting management in making better decisions, it also has drawbacks such as not taking hidden costs into account and being unable to be utilized by the company to compare projects of various sizes.
NPV =( Net annual cash flows x present value factor) - cost
NPV = (44,000 x 5,02 ) - $208,780 = 12,100
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