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2 years ago

Will give brainliest for all answers

Business

1 answer:

valkas [14]2 years ago

5 0

Answer:

2. interest is the monetary charge for the privilege of borrowing money.

it works as a daily rate calculated by dividing your annual percentage rate by 365, and then multiplying your current balance by the daily rate.

3. benefits: buy on credit, interest-free cash withdrawals, discounts and cashbacks, improvement of credit score, insurance coverage.

drawbacks: debt, damaging the card, extra fees, limited use.

6. Annual percentage rate, annual fee, minimum repayment, cash backs, loyalty points/rewards and charges.

7. grace period is the period of time after the payment is due but before late fees, interest or other penalties start to accrue. Grace period can help you to plan large purchases in a way that maximizes your interest-free period.

8. pay the balance in full and on time, pay more than the minimum required, be mindful of your credit limit.

Explanation:

for the missing answers I couldn't see the picture. i hope this is helpful.

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Charles owns a water pump. Because pumping large amounts of water is harder than pumping small amounts, the cost of producing a

timofeeve [1]

Answer:

Cost of each bottle of water is $7.

Explanation:

This is the case for economies of scale. When Charles produce 1 bottle of water, it costs him $1 per bottle, when 8 bottles are produced it costs him $7. The cost per bottle of water reduces as units increases.

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2 years ago

Which of the following statements is false? a. A credit is a deposit to a checking account. b. A debit is a withdrawal from a ch

allsm [11]

Answer:

c. An overdraft is a fee your bank charges you for opening a checking account.

Explanation:

Checking account is a deposit account with a bank or any financial institution that allows the owner of such account to make withdrawals and deposits. They are also known as demand accounts or transactional accounts. They are very liquid and allows for countless deposits and withdrawals and can be obtained by using automated teller machines, checks and electronic debits, and a number of other methods.

A checking account is unlike other bank accounts like less liquid savings or investments account it allows for countless withdrawals and unlimited deposits, and savings accounts sometimes limit both.

The statement that an overdraft is a fee that banks charges for opening a checking account is false.

Overdraft is a form of extension of credit from a finiancial institution and often granted when an account reaches zero. it allow such account holder to continue withdrawing money even though the account has no funds or insufficient funds that would cater for and cover the amount of the withdrawal. So it is not the fee that bank charges for opening a checking account, instead what checking account offers is overdraft protection in which if a checking account owner write a check or make a purchase than the funds in the checking account, the bank may cover the difference.

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3 years ago

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Which of the following is an INCORRECT statement regarding the right to stop delivery of goods in transit? A. If the lessee rep

Verizon [17]

Answer:

B. The lessor does not have the right to stop delivery in transit due to the lessee's breach of the lease agreement; instead, the lessor must deliver the goods to the lessee in spite of the breach, and then sue the lessee for damages.

Explanation:

During the transit of goods, if the lessor learns of a breach of the lease agreement, he has every right to stop the delivery of the goods in transit by notifying the goods carrier or bailee. Since the carrier of the goods reports directly to the lessor, once he receives instructions from the lessor to stop delivery of goods, and he still has sufficient time, the delivery should be stopped.

Once the goods are reclaimed, the lessor can then decide to sue to recover damages. He can also, decide to cancel the contract at that point

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2 years ago

An organization owned by stockholders that accepts deposits, processes payments, and

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Answer:

A Bank

Explanation:

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2 years ago

What is one downside to competition in a free-enterprise system?

Anastasy [175]

You can make monopolies. You don't have to lower your prices because nobody is offering lower prices. You can sell bad stuff for high prices. But monopolies do tend to disappear.

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3 years ago

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