9% of annual rate of interest will she be earning on her investment .The price of borrowing money is reflected in the interest rate on a credit card.
<h3>What is annual rate interest ?</h3>
The price of borrowing money is reflected in the interest rate on a credit card. We utilize the annual percentage rate for this (APR). On the majority of credit cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.
The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, mortgage loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.
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Answer:
1. 1.35
2. 0.62
Explanation:
1. Current ratio is Total current assets / Total current liabilities
= $71,700 / $53,000
= 1.35
2. Debt ratio is Total liabilities / Total assets
= $65,500 / $105,700
= 0.62
The above ratios are neither weak nor strong. They are middle-of-the-road values.
<span>This totally new product would be considered a question mark according to the BCG matrix. The reason for this is that no one truly knows how the product will perform in the marketplace. The only real data they have is the projected sales according to projected customer satisfaction surveys and think tanks.</span>
Answer:
To forecast sales and schedule production needs Boeing asks its prospective customers what their likely purchase will be in the next five years. This is considered a surveys of buyer's intentions
Answer:
Relative elastic.
Explanation:
There is 10 cent increase in price, however, demand for coca-cola cans have reduced to 50 cans, which is propotionatly high.
Price elasticity of demand are percentage change in demand with percentage change in price of product. Demand has inverse relationship with price of products.
There are 4 type of price elasticity of demand:
- Perfectly elastic demand.
- Perfectly inelastic demand.
- Relatively elastic demand.
- Relatively inelastic demand.
Perfectly elastic demand: Small change in price lead to greater change in demand of products.
Perfectly inelastic demand: No change in demand of product with changes in price of product.
Relatively elastic demand: Propotionatly greater change in demand with propotionatly lesser change in price of product.
Relatively inelastic demand: Percentage change in demand is lesser than percentage change in price of product.