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3 years ago

Dawn's credit card has an APR of 15%, calculated on the previous monthly

Business

1 answer:

vladimir1956 [14]3 years ago

4 0

Explanation:

It can be tempting to pay the minimum amount due on your credit card bill, but it can be really expensive in the long run. Here's what happens if you only pay the minimum on your credit card.

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If the annual growth rate in Real GDP is 4 percent, then it will take 25 years for the economy to double in size.

AVprozaik [17]

Answer:

False

Explanation:

The growth of 4% for 25 years would nominally signify a 100% increase and you might think that the economy has double its size. But you must take into account that’s this is a compound growth then the economy would reach the double of its size before 25 years.

Think that he initial size of the economy is 10 and it grows 4% then an annual growth will be 10,4 now the compound grow is adding up 0,4 to the initial size of 10. Then you recalculate a growth of 4% for the second year this means 10.816 grow.

If you notice the extra 0.016 increase for the second year is the effect of calculating the 4% increase based on the previous size 10 plus 0.4.

5 0

3 years ago

Suzanna was recently promoted to manager and is ready to start her first project with her new team. In order to develop trust an

ki77a [65]

After being recently promoted as a project manager for a new project with a new team, Suzanna must develop trust and establish the work rules by the way of interacting personally with her new team members.

<h3>Who is a project manager?</h3>

A person who is engaged or involved in planning, allocating and finishing a project for an organization, which is a part of the organizational goals, such a person is known as a project manager.

Hence, the significance of a project manager is aforementioned.

Learn more about a project manager here:

brainly.com/question/15610382

#SPJ1

5 0

2 years ago

The main focus of the marketing concept is: a) Selling as many goods as possible b) Maximising revenue c) Meeting the needs and

Elena-2011 [213]

Answer:

C. Meeting the needs and wants of customers.

Explanation:

An organization should be able to produce products that will meet the need of the customers compare to what competitors can offer.

Before a company can produce anything, it must first of all check the need of the customers. After checking and knowing the needs, the company can then proceed to produce goods that meet and satisfy those customers need.

Although, the main reason why companies engage in business is to make profit,marketing concept helps firms to sell their products because it is an important means to achieving sales and profit.

5 0

3 years ago

Without prejudice to your solution to part (a), assume that you computed the June 30, 2020, inventory to be $60,480 at retail an

nataly862011 [7]

Answer:

The June 30, 2020, inventory at the June 30 price level under the dollar-value LIFO retail method:

$65,318.40

Explanation:

a) Data and Calculations:

June 30, 2020 Inventory = $60,480 at retail

Ratio of cost to retail = 68%

Inventory at cost = $41,126.40 ($60,480 * 68%)

General price level increase from 100 to 108

Inventory at the June 30 price level under the dollar-value LIFO retail method:

Inventory at cost = $44,416.50 ($41,126.40 * 108/100)

Inventory at retail = $65,318.40 (44,416.50/68%)

3 0

3 years ago

The Powerball lottery is open to participants across several states. When entering the powerball lottery, a participant selects

sweet-ann [11.9K]

Answer:

Following is given the detailed solution to the question given.

I hope it will help you a lot!

Explanation:

6 0

3 years ago