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Novay_Z [31]
2 years ago
8

Assume your balance is back at $0. You desperately want a TV for your bedroom, but you don’t have any money saved. You put the $

229 TV on your credit card and make the minimum monthly payment each month.
How much is that minimum payment?
Business
1 answer:
makvit [3.9K]2 years ago
4 0

Answer:

19.0833333333

Explanation:

Since there is 12 months a year in total, it will cost $19.0833333333 a month

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Which of the following statements is true of strategic alliances as disadvantages? a.The fixed costs and associated risks of dev
ololo11 [35]

They are most beneficial when they join together resources and knowledge in a combination that complies with the VRIO framework.

5 0
3 years ago
Why is compound interest preferable to simple interest when investing?
lions [1.4K]

Answer:

O Compound interest pays interest both on the principal and the interest earned in each period.

Explanation:

Compound interest is preferred as it measures the interest on the principal amount and the accrued interest. In the compounding interest, the interest i.e. earned should be added to the principal in order to create the new principal amount. The interest earned at the closing of every year should be more than the last period as the principal amount rises at the starting of the period

Also, the interest earned via the compound interest should be grown much faster as we compared to the fixed rate interest

Therefore the last option is correct

3 0
3 years ago
Rudy and his publisher require Katherine's expertise in writing a chapter of a book that will be published under Rudy's name. Th
Brilliant_brown [7]

Answer:

The delegation is not effective and valid since the original contract was based on personal skills and it involves personal services.

Katherine's personal expertise is required to write the chapter and Dana does not necessarily possess the same expertise or skills as Katherine does.

4 0
3 years ago
Equipment was purchased for $94700 on January 1, 2021. Freight charges amounted to $3800 and there was a cost of $12000 for buil
musickatia [10]

Answer:

$34,200

Explanation:

Step 1 : Cost of Equipment

<em>Cost of Equipment include Purchase Price plus other costs directly incurred to put the asset in location and condition intended for use by management</em>

Cost of Equipment = $110,500

Step 2 : Depreciation

Depreciation = (Cost - Residual Value)/ Useful Life

                       = $17,100

Step 3 : Accumulated Depreciation

Accumulated Depreciation =  $17,100 x 2 = $34,200

Therefore,

the amount of accumulated depreciation at December 31, 2022 is $34,200

3 0
3 years ago
Large plate in catering
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A service plate or a charger plate.
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