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Korolek [52]
3 years ago
11

This table can be used to organize Gigi’s credit card balances and payments over 6 months. The annual percentage rate on the cre

dit card is 14%.
Gigi’s Credit Card Payments
Month
Balance
Payment
Interest Rate
Interest Charged
1
$650
$300
0.01167
$4.08
2
$354.08
$50
0.01167

3
$307.63
$50
0.01167

4
$260.64
$50
0.01167

5
$213.10
$50
0.01167

6
$165
$50
0.01167


What is the amount of interest charged for the first 6 months? (16.34)
Business
2 answers:
Reil [10]3 years ago
6 0

Answer:

It is A 16.34

Explanation:

Edge2021

Georgia [21]3 years ago
4 0

The correct answer is the first option, or 16.34

Just got it right on the edge 2020 exam review, hope this helps!! :)

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________ is based on research that estimates how much of a product will sell over a given period of time.
konstantin123 [22]

Answer:

sales forecasting

Explanation:

Sales forecasting is a mathematical tool or process to estimate the amount of sales for a product over a given period of time.

Sales forecasts helps companies to make better business decisions so as to analyse the short-term and long-term performance.

The basis for the forecast are generally the past sales data of the product, industry-wide comparisons, and the economic trends for the related products.

6 0
3 years ago
Fill in the blanks: Standard deviation measures ______ risk, while beta measures ______ risk.A. Asset-specific; market-wideB. Ma
BaLLatris [955]

Answer: Option D

Explanation: In simple words, standard deviation refers to the amount of variation in a data. Whereas, beta refers tot eh Greek letter that is used to denote a series or category.

Hence when we say of standard deviation we take all the data into consideration while in case of beta risk calculations of specific part is taken into consideration.

Hence from the above we can conclude that the correct option is D .

4 0
3 years ago
A small Canadian firm that has developed some valuable new medical products using its unique biotechnology know-how is trying to
nasty-shy [4]

Answer:

Correct Answer:

a. Manufacture the product at home and let foreign sales agents handle marketing.

Explanation:

For the small Canadian company, manufacturing the product at home (Canada) would afford them the opportunity to protect their new medical product from piracy. Also, they would be able to receive tax incentives from their government as well file for patent of their new innovation.

<em>The foreign agent would strictly be focused on the marketing of the finished product without having access to the detailed information of the product.</em>

8 0
3 years ago
Before starting a business, an entrepreneur should consider the following sacrifices: a. Professional b. Financial c. Personal d
andrey2020 [161]

Answer:

D. All of these are correct

Explanation:

Because truly before starting a business, an entrepreneur should consider the professional sacrifices as competence and expertise is a key factor in building an excellent business. Entrepreneurs need to have the know-how of their business or better still get able hands to handle it for them.

Setting up a Business would require some financial commitment. One which many atimes might not be convenient especially at the kick-off of the business. It's would a season of continuous investment not necessarily a season for profit making.

Personal sacrifice would be heavily needed and hence must be considered. Before starting a business, you must consider the sleepless nights, forgone comfort, play time and certain discipline you must imbibe if growing the business is indeed what is desire.

8 0
3 years ago
According to Anne Roe’s personality theory of career choice, people choose occupational fields based on their ______________, wh
Gekata [30.6K]

According to Anne Roe’s personality theory of career choice, people choose occupational fields based on their <u>need structures</u>, which were influenced by the childhood environments that they experienced.

<u>Explanation</u>:

Anne Roe’s personality theory of career choice was well explained in her book <u>“Psychology of Occupations”</u>. There are certain factors that influence in deciding the career of a person. The factors are psychology, biology and sociology of a person.

Individuals decide their field of work based on their demands and needs. The childhood experience may also influence the occupation field of the person. Need structure provides the requirement of the person according to their lifestyle and requirements.

4 0
3 years ago
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