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3 years ago

After the introduction period, all consumers who have this platnium card will…

1 answer:

8 0

Based on financial services consumers' regulations, following the introduction period, all consumers who have this Platinum card will "qualify for APR (Annual Percentage Rates)."

The platinum card is issued to customers based on credit card worthiness.

Generally, APR rates are usually less than the introductory rate, such that it gives the individuals with APR the advantage when repaying their debts.

Hence, in this case, it is concluded that the rate given at the introductory period of a Platinum Card is more than that of the APR period.

Learn more here: brainly.com/question/19662641

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Match the Appropriate Items to the numbers associated with them Question 69 options: Federal Reserve Banks OPEC Oil Embargo begi

aleksklad [387]

Answer:

1. 12

2. 73

3. 33

4. 10

5. 25

6. 94

7. 7

8. 29

Explanation:

1. Federal Reserve Banks is made up of 12 banks.

2. OPEC Oil Embargo begins in 1973.

3. Federal Deposit Insurance Corporation is founded in 1933.

4. Effective Reserve Requirement Ratio is 10

5. Unemployment during the Great Depression reached a height of 25%

6. NAFTA was signed in 1994.

7. Board of Governor's members is 7.

8. The stock market crash that was a leading cause of the Great Depression occurs in 1929.

8 0

3 years ago

a stock broker allocated $100,000 to an account earning 4% per year compounded continuously. if no withdrawals are made, how muc

Lisa [10]

$100,000 was allocated by a stockbroker to a portfolio yielding 4% annually compounded. If no withdrawals are taken, there will be $117,352 left in the account after four years.

Given a certain rate of return, present value (PV) is the current value of a future financial asset or stream of cash flows. A discount rate or the interest rate that could be obtained through investment is applied to the future value to get the present value.

According to the continuously compounded interest formula,

FV = PV $e^{it}$

Here,

Present Investment Value, or PV

the interest rate, I

T = time in years

So,

In light of the specified

PV = $ 100,000

I = 4% = 0.04

t = 4 years

Hence

FV stands for "Final Investment Value"

Then,

FV = 100,000 * e⁰.⁰⁴ˣ⁴

FV = 100,000*e⁰.¹⁶

FV = 100,000 * 1.173510871

FV = 117351.0871

FV = 117351

Hence

The balance in the account after four years was = $117,352

To know more about Present Value, refer to this link:

brainly.com/question/1212987

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7 0

1 year ago

In response to dwindling sales of organic meats, Hain Celestial executives decided to promote the sale of organically grown nuts

3241004551 [841]

Answer:

Product substitute

Explanation:

Product substitute is defined as one that meets similar needs of the consumer. As demand for one of such goods rises the demand of the other tends to fall as the meet similar needs.

In the given scenario organic meats are seen as being substituted by organically grown nuts as a source of protein.

So when Hain Celestial has dwindling sales of organic meats they were considering organically grown nuts as a different product to give to customers

3 0

3 years ago

Bridgeport Corp. enters into a contract with a customer to build an apartment building for $947,600. The customer hopes to rent

marusya05 [52]

What’s is the probability

7 0

3 years ago

Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Campbell devote

drek231 [11]

Answer:

the division of $150,000 will be $75000 and $75000.

Explanation:

2) since there is no reference to division of income in the partnership agreement then partnership income will distribute equally

so distribution = 150000/2 = 75000

so, $ 150,000 will be distributed as $75000 and $75000 to Campbell and Jackson.

3 0

4 years ago