1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DiKsa [7]
4 years ago
5

Choose the correct answer. Stacy Smith has a $50,000 loan. She paid $250 for a credit report, $300 for attorneys, $250 for appra

isal fees, and $5,268 in total interest for the first year. If the APR is the finance charge (interest plus fees) for one year ÷ amount financed, what was the APR for that year? %
Business
2 answers:
Liono4ka [1.6K]4 years ago
8 0
 Hello,
The answer is 12.1%
Good Luck!
Anna007 [38]4 years ago
3 0

Answer:

12.1

Explanation:

it is on odyssey ware

You might be interested in
produces sports socks. The company has fixed expenses of $ 75 comma 000$75,000 and variable expenses of $ 0.75$0.75 per package.
8090 [49]

Answer:

Results are below.

Explanation:

Giving the following information:

Selling price= $1.5

Unitary variable cost= $0.75

Fi<u>rst, we need to calculate the unitary contribution margin:</u>

<u></u>

Contribution margin= selling price - unitary variable cost

Contribution margin= 1.5 - 0.75

Contribution margin= $0.75

<u>Now, we can calculate the contribution margin ratio:</u>

contribution margin ratio= contribution margin/selling price

contribution margin ratio= 0.75/1.5

contribution margin ratio= 0.5

7 0
3 years ago
When you take out a mortgage your home becomes the collateral true or false?
spin [16.1K]

A mortgage is a long term loan issued by a financial institution such as; banks. These are loans obtained for a large sum of finance required. Example; an entrepreneur requires 60 million for expansion of the business. Therefore in such cases, a house is normally worth this amount and thus, a collateral security is given which is the house.

8 0
3 years ago
Read 2 more answers
A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (10,000 units)
RoseWind [281]

Answer:

d.$38,000

Explanation:

The computation of the inventory amount is shown below:

= (Total cost and expenses amount ÷ number of units produced) × unsold units

= ($380,000 ÷ 10,000 units) × 1,000 units

= $38,000

All other information which is given in the question is not relevant. Hence, ignored it

We simply divide the total cost and expenses amount with the production units and then multiply it by unsold units

4 0
4 years ago
Helena is given a voucher that can be spent only on educational expenses. She has a budget constraint with educational expenses
ss7ja [257]

Answer: Helena will most likely end up spending some more money on everything else after receiving the voucher.

Explanation:

The budget constraint is used to shows the combinations of two goods which can be afforded by a consumer. A normal good is a good or product that when the income of the person rises,the demand for the product will also increase.

Based on the above information on the question, the correct answer is "Helena will most likely end up spending some more money on everything else after receiving the voucher".

This is because the voucher she was given can be spent only on educational expenses and her budget constraints comprises of educational expenses and everything else which is made up of normal goods. This means she'll still needs to get the normal goods later.

5 0
3 years ago
Which of the following statements holds true for electronic social networks? Their key use is to anonymously share ideas in an u
slamgirl [31]

Answer:Their key use is to discover and reinforce affiliations, identify experts, message individuals or groups, and virally share media.

Explanation:Social networks are networks that imbibe or encourage sharing media while developing strong interactive sessions over time.

Electronic social networks help different users of a particular network maintain contacts, discover and discuss a common topic, share updates and encourage diversity.

Social networks supports messaging services either private or public/ group discussions.

Websites for social networking and microblogging form the atmosphere through which users are able to create groups online to share information and ideas,then Social Networking helps to create and maintain a balance of personal and general discussions in the network space.

8 0
3 years ago
Read 2 more answers
Other questions:
  • against the foregoing background obtain any road road traffic policy and demonstrate your understanding of that particular polic
    10·1 answer
  • Jel Sert Company makes convenient, durable, and eye-catching packaging. Its salesperson is demonstrating to a manufacturer of sp
    6·2 answers
  • Consumers are willing to pay more for a product if
    8·1 answer
  • What are 4 ways managers can motivate their staff
    8·2 answers
  • _______ is the dissemination of information to a fairly small, select audience that is defined by its shared values, preferences
    8·1 answer
  • Rebecca is one of the few reliable programmers of her organization who is authorized to work on a closed source project. The pro
    13·1 answer
  • Judith works as an office assistant at the Octan consulting firm. Octan assists clients within a five-mile radius of its office.
    15·1 answer
  • According to the article, purchases of sugary beverages went down 12% in 53 Mexican cities as a result of a 10% tax. What kind o
    8·2 answers
  • Melissa, a new employee at Epic Electronics, is required to perform a variety of bookkeeping and clerical tasks at a workstation
    7·1 answer
  • A company has the following products in its ending inventory. Compute lower of cost or market for inventory applied separately t
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!