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mestny [16]
2 years ago
5

If an account has a credit balance it means​

Business
1 answer:
Brums [2.3K]2 years ago
6 0

Answer:

If the total of your credits exceeds the amount you owe, your statement shows a credit balance. This is money the card issuer owes you. You can call your card issuer and arrange to have a check sent to you in the amount of the credit balance.

Explanation:

Hope this help!!

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Why do we need to budget our resistance/income
ahrayia [7]

Answer:

metropolitan .....................................

6 0
2 years ago
Suppose General Electric paid its line workers $12 per hour in 2015 when the Consumer Price Index was 100. Suppose that deflatio
Elena-2011 [213]

Answer:

(a) N = 10.08

(b) N = 10.89

(c) 19.05

Explanation:

(a)

Real\ wage=\frac{Nominal\ wage}{CPI\ in\ the\ given\ year}\times CPI\ in\ the\ base\ year

12=\frac{N}{84}\times 100

N = 10.08

(b)

Real\ wage=\frac{Nominal\ wage}{CPI\ in\ the\ given\ year}\times CPI\ in\ the\ base\ year

12\times1.08=\frac{N}{84}\times 100

N = 10.89

One thing to observe here is that percentage increase in the real wage is always equal to the percentage increase in nominal wage. Same can be verified with different values.

(c) It's given that the real wage is kept at $ 12 which was the same in the last year as well.

So % increase would be zero.

However, if that $ 12 is considered as a Nominal wage in the current year,then,

Percentage increase=\frac{12-10.08}{10.08}\times100

=\frac{192}{10.08}

= 19.05

7 0
3 years ago
New Business Ventures, Inc., has an outstanding perpetual bond with a coupon rate of 11 percent that can be called in one year.
Virty [35]

Answer:

961.88

Explanation:

First, examine whether the bond will be called if interest rate falls to 9%. The call price is

1,000 + 125 = 1,222. Bond price at 9% yield will be

$110/0.13 > call price of 846.15

Bond will be called. The price of the callable bond therefore is:

=+[.60(846.15)+.40(1125)]/1.11+110/1.11 =961.88

8 0
3 years ago
What type of consideration does the proposed insured offer to an insurance company?
tigry1 [53]

Answer:

the payment of the insurance premiums

Explanation:

Consideration in contract law refers to an exchange of something of value, e.g. I pay $5 in exchange for a hamburger.

In insurance contracts, consideration provided by the insured refers to paying the insurance premium. Consideration provided by the insurance company is the promise to pay in case of a covered loss.

7 0
3 years ago
Which highest and best use criterion would require an appraiser to consider the frontage of the site?
Bond [772]

physically possible is the highest and best use criterion that would require an appraiser to consider the frontage of the site.

Criterion is usually a plural noun that refers to a criterion by which a judgment can be made. Its singular form is the norm, but evidence shows that the norm is often used in both singular and plural forms, as are data and agenda, and their lesser-used singular forms datum and agenda. I'm here.

For example, SAT score is the predictor and his GPA in college is the criterion. Regression analysis confirms that there appears to be a strong correlation between SAT scores and his GPA in college. However, a high SAT score does not necessarily mean a high GPA in college.

Learn more about criterion here: brainly.com/question/17192140

#SPJ4

8 0
1 year ago
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