<span>• One source of credit is retail stores, which are department stores (macy's, neiman marcus) that will give you a card that you can use only at that store
• Another source of credit is credit card companies like visa, mastercard, American express, and discover.</span>
Answer: $3865.8
Explanation:
The formula to find the simple interest is given by :-
, where P is the initial amount deposited , r is the rate of interest in decimal and t is the time period in years.
Given : P= $1700 ; r= 9.8%=0.098 ; t=13 years
Then , the simple interest earned in 13 years will be :-
Now, the combined amount = P+I =$1700+$2165.8= $3865.8
Hence, the credit union would owe Heather $3865.8 in 13 years.
Answer:
$144
Explanation:
The computation of the net income is shown below:
Net income = Net sales - Cost of goods sold - operating expenses - income tax expense
where,
Cost of goods sold = $2,800 - $880 = $1,680
Income tax expense = ( Net sales - Cost of goods sold - operating expenses) × tax rate
= ($2,800 - $1,680 - $880) × 40%
And, the other items values would remain the same
Now put these values to the above formula
So, the value would equal to
= $2,800 - $1,680 - $880 - $96
= $144
False. Here, the potential employer either calls or emails you "regarding the interview" not to have an actual interview" which is typically done face to face and in person. The employer asks the potential employee questions related to the job position to find out if he/she is qualified for the position,. Additionally, this allows the employer an opportunity to "see" this person, which is helpful for further evaluation.
Answer:
option (c) $875 per year
Explanation:
Given;
Average cost of collision claims for careful drivers = $500 per year
Average cost of collision claims for for poor drivers = $3000 per year
Poor drivers known by the company = 15%
thus,
Careful drivers = (100% - 15%) = 85%
Therefore,
Insurance company's breakeven price for the collision insurance
= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)
= 0.15 × $3000 + 0.85 × $500
= $450 + $425
= $875 per year
Hence, the correct answer is option (c) $875 per year
