500*.18*4= 360
960$ total by the end of 4 years
Answer:
A late payment fee will be charged to her account.
Explanation:
As mandated by law one is expected to pay outstanding credit card balances within a 21 days period after which you may face additional charges and restrictions.
Since in Devon's case she forgot her credit card bill for up to three months her account would have already been charged a late payment fee from the very first month and this fee will continue to increase in line with the Credit CARD Act of 2009.
if a merchandiser records a debit to accounts receivable and a credit to sales revenue, they have most likely Credit sales recorded.
We have accounts receivable as an asset account and the sales have already been made. Sales revenue has been generated and will be credited to accounts receivable. Sales revenue is a source of income, and accounts receivable are sources of assets.
Some credit sales have clauses, such as interest income clauses, that state that if a payment is not made, an amount will be received after a certain amount of time has passed.
Credit sales are transactions in which the outstanding balance will be paid at a later time. In other words, credit sales refer to transactions in which customers make purchases but do not pay in full, in cash, at the time of the transaction.
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Answer:
The correct answer is GDP
; Real GDP
; Avoids.
Explanation:
The main consequence of inflation is the loss of purchasing power, which means that less goods and services can be purchased with the same amount of money because their price has risen.
The main effects of inflation are as follows:
- Price increase that implies a loss of purchasing power.
- Great uncertainty is generated that causes a significant decrease in investment in the medium and long term.
- Speculative financial investments increase, which further destabilizes the situation.
- The population tends to hoard due to concerns that prices will continue to rise.
- Inflation is regressive, because its negative impact affects more those who have less economic resources because they do not have the elements that help to alleviate it.
- Those who have debts to pay benefit from those who have to collect them (which are logically damaged) because the amount to be repaid is the same while the money is worth less.
That statement is true
When your interest and personality match the business, you would most likely would enjoy what you do in the business. When this happen, you would most likely put more work hours since you fell little to no boredom in doing your job, which would improve your success rate.