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3 years ago

Will give brainliest for all answers

Business

1 answer:

valkas [14]3 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.

You might be interested in

Weston Jewelers uses the perpetual inventory system. On April 2, Weston sold merchandise with a cost of $1,257 for $2,200 to a c

Evgesh-ka [11]

Answer:

$2,134

Explanation:

Calculation of the amount of the Net sales revenue

First step

Since we were been told that Weston sold the merchandise with a cost of $1,257 for $2,200 with the terms of 3/15 this means we are going to find the 3% of $2,200 calculated as:

3%*$2,200=$66

Second step is to deduct the $66 from the cost of $2,200,in order to find the Net Sales Revenue of Weston Jewelers

Net Sales Revenue =$2,200-$66

Net Sales Revenue=$2,134

Therefore the Net Sales Revenue of Weston Jewelers will be $2,134

8 0

4 years ago

Macroeconomic forces contribute to an industry's ability to be profitable. Which of the following examples shows how a company m

Elis [28]

Answer:

A home mortgage company creates a sales promotion with incentives for potential home buyers to take advantage of a particularly favourable interest rate.

Explanation:

Companies usually give numerous promotions to their valuable customers to increase the overall sales revenue. In the above scenario, if a home mortgage company creates a sales promotion which attracts customers to buy their product and take advantage of the favourable interest rate is an example of companies focusing on macroeconomic factors. Macroeconomic forces are important for any company to improve profits.

6 0

3 years ago

g Bob estimates when he retires in 20 years, he will need to have $2,000,000 to finance his desired retirement lifestyle. He bel

Licemer1 [7]

Answer:

Bob will need to contribute $43,704.39

at the end of each period to reach the future value of $2,000,000.00.

Explanation:

a) Data and Calculations:

Period when Bob estimates to retire = 20 years

Desired Future retirement funds = $2,000,000

Average inflation rate over time = 2%

Retirement investment returns = 6%

Expected interest rate = 8% compounded annually (6 + 2)%

Using an online finance calculator,

Bob will need to contribute $43,704.39 at the end of each period to reach the future value of $2,000,000.00.

FV (Future Value) $1,999,998.68

PV (Present Value) $429,096.13

N (Number of Periods) 20.000

I/Y (Interest Rate) 8.000%

PMT (Periodic Payment) $43,704.39

Starting Investment $0.00

Total Principal $874,087.78

Total Interest $1,125,910.9

5 0

4 years ago

Select the correct definition of the term "comparative advantage." the ability to produce a good or service at a lower opportuni

lana66690 [7]

Answer:

The correct answer is: the ability to produce a good or service at a lower opportunity cost than another.

Explanation:

Comparative advantage implies the ability to produce a good at lower opportunity cost. Opportunity cost is the cost of giving up the alternative.

A nation is considered to be enjoying a comparative advantage in the production of a good if it can produce the good at a relatively lower opportunity cost than other nations.

A nation is said to be specializing in the production of a commodity if it has a comparative advantage in production.

7 0

3 years ago

ignal mistakenly produced 1,175 defective cell phones. The phones cost $67 each to produce. A salvage company will buy the defec

erastova [34]

Answer:

Company shall rework on the cell phones.

Explanation:

In the given case we will do the comparison of the rework with the scrap.

In case of rework:

Total cost = $67 of manufacturing + $90 of rework = $157 each unit

Selling price then would be = $134 each

Loss on per unit = $157 - $134 = $23 on each cell phone.

In case no rework is done and the mobile phones are sold in scrap then the cost associated = $67 each

Value for sale = $33 each

Loss per unit on such sale = $67 - $33 = $34 each unit.

Since there is plenty of idle capacity the company in order to decrease the loss from selling these defective cell phones, the company shall rework on the phones, as loss in this case will be $34 - $23 = $11 per cell phone less than the loss in case of scrap sale.

6 0

4 years ago