Hey there,
Your question states: <span>Andy has a remaining balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month?
</span>1.5% of 845 is 12.675
So by round this above, your correct answer would be <span>12.68
Hope this helps</span>
Answer:
-0.0246 or -2.46%
Explanation:
The duration 't' of his investment is:
The future value ($10,668,500) of an initial investment ($12,700,500) at a rate 'r' for a period of 7 years is given by:
![10,668,500=12,700,500*(1+r)^7\\1+r=\sqrt[7]{\frac{10,668,500}{12,700,500}}\\1+r=0.9754\\r=-0.0246=-2.46\%](https://tex.z-dn.net/?f=10%2C668%2C500%3D12%2C700%2C500%2A%281%2Br%29%5E7%5C%5C1%2Br%3D%5Csqrt%5B7%5D%7B%5Cfrac%7B10%2C668%2C500%7D%7B12%2C700%2C500%7D%7D%5C%5C1%2Br%3D0.9754%5C%5Cr%3D-0.0246%3D-2.46%5C%25)
His annual rate of return was -0.0246 or -2.46%.
*A negative rate of return means that money was lost in this investment
Answer:
1,000 long term capital gain
Explanation:
Answer:
Comparative advantage
Explanation:
The basic method to choose a country to trade with is to have a comparative advantage in products. When a country has a comparative advantage it helps to attain certain goods which are not produced domestically, and to export goods which are not produced in the other country. A comparative advantage helps to export goods and services at lower prices and better quality to attain the maximum market share in the exporting country.
Answer:
the hours after roundinf off = 54 hours
Explanation:
Solution :
The rate of system is defined by machine with largest time per unit i.e. bottleneck resource.
In this case, biottleneck is Step : 3 with time 30 min per unit.
So system requires 30 * 105 min = 30 * 105 / 60 hours = 52.5 hours at bottleneck.
time for first unit at Step 1 and 2 and for last unit at step 4 is - 25 + 15 + 20 - 60min - 1 hr.
So total time for system is 52.5 + 1 = 53.5 hours.
