Lucy would be charged $10 interest in a typical month.
Further Explanation:
Annual Percentage Rate (APR): The annual percentage rate is the rate of the fee charged on the credit card. It remains the same even in the case of the failure in the credit card payment. The credit card that has the lowest APR should be preferred.
Calculate the interest for a typical month:
APR rate is calculated for an annual basis. The current APR rate is 16% annually. So, it should be divided by 12 months to calculate the interest for a typical month. The calculation of the interest is as follows:
[tex]\begin{gathered} {\text{Monthly Interest = }}\frac{{{\text{Total Annual Interest}}}}{{12}} \\ = {\text{ }}\frac{{\$ 120}}{{12}} \\ = {\text{ \$ 10 per month}} \\ \end{gathered}[/tex]
Thus, Lucy would be charged $10 interest in a typical month.
Working note:
Calculate the annual interest:
[tex]\begin{gathered} {\text{Total Annual Interest = Credit card balance }} \times {\text{ APR}} \\ {\text{ = \$ 750 }} \times {\text{ 16\% }} \\ {\text{ = \$ 120}} \\ \end{gathered}[/tex]
Thus, the annual interest is $120.
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Answer details:
Grade: Senior School
Subject: Business Studies
Chapter: Money & Banking
Keywords: Credit card balance, credit card, $750, interest rate, interest, APR, Annual percentage rate, expect, Lucy, charged, typical month, credit score, would, you, typical balance, expenses.
A negative cost variance combined with a negative schedule variance is an indicator of
Negative cost variance and negative schedule variance indicate that a project is over budget and behind schedule. These variances can exhibit patterns such as a consistent negative value, a gradually increasing negative value, or an increasing rate of negative values which signify if the project's issues are static, worsening consistently, or accelerating.
Explanation:Negative Cost and Schedule VariancesA negative cost variance combined with a negative schedule variance is indicative of a project that is over budget and behind schedule. Specifically, a negative cost variance means that the actual costs are exceeding the budgeted costs, while a negative schedule variance indicates that the project is taking longer than planned. If both variances are negative, the project is facing challenges in terms of cost control and time management.
Interpreting VariancesThere are three possible patterns for the variances:
A negative value that does not change with time suggests a consistent over-budget situation.A gradually increasing negative value (straight line) indicates that the cost overrun or schedule delay is worsening consistently over time.An increasing rate of negative values over time means that the project is spiraling further out of control, with the overruns accelerating.The specific pattern of the variances provides insights into whether the project issues are static, worsening at a steady pace, or accelerating, which requires different approaches for mitigation and control.
The who command reveals the remote computer from which users have logged in, when they've logged in remotely.
The 'who' command is used in computer systems to reveal the remote computer from which users have logged in.
Explanation:The subject of this question is Computers and Technology and it is relevant to High School level. The 'who' command is a command used in computer systems and it is specific to the field of computer science and technology. It is used to reveal the remote computer from which users have logged in, displaying information such as computer name, user name, time of login, and more. For example, when used in a Unix-like operating system, the 'who' command displays a list of users who are currently logged in or have logged in remotely to the system.
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Professor rodgers examined survey information on people who were 65 years old and older. he found the average level of happiness reported increased from 1982 to 2002. he concluded that people under 65 years of age also experienced increasing levels of happiness from 1982 to 2002. the error he committed is called
The apps in office are bundled together in a group called
The overall, company-wide program for selecting a particular target market and then satisfying consumers in that market through careful blending of the elements of the marketing mix is known as
1. The three main types of banks (Large Traditional, Credit Union, Online or Online-Only) have many tradeoffs with respect to technology, convenience, personal experience, fees and savings rates. For this question, put aside all of the trade-offs and look only at savings rate offered on savings accounts. Rank the following from highest to lowest on the interest rates they o
How might increasing the level of government transfers reduce the size of the economic pie? check all that apply?
To be effective, business messages should __________.
a. never contain opinions
b. adopt an informal tone
c. not make arguments or recommendations
d. use abstract words that lend themselves to interpretation
e. show your readers how they will benefit by responding to your message
What is a business organized according to the regulations of the united states government?
A business organized according to U.S. government regulations operates within a framework of laws covering issues from banking to safety, ensuring fair and ethical operation.
A business organized according to the regulations of the United States government is defined as an entity that operates within the framework set forth by various laws and rules. These regulations govern aspects such as banking, emissions, food and product safety, and fair labor practices.
This structured approach towards business operations is designed to maintain order, ensure efficient functioning of society, and safeguard the public interest, even within the realms of a fundamentally capitalist economy.
From the late 19th century, the U.S. government began to exert more influence over businesses, aiming to regulate and limit the power of monopolies and trusts. As businesses grew and became more complex, so did the government's role in ensuring they operated ethically and met societal goals.
The government regulates businesses by enforcing laws through federal and state agencies, which affects how companies conduct their activities, from worker safety to environmental protection.
In the U.S., there are three main types of business organizations: sole proprietorships, partnerships, and corporations. Moreover, other entities like non-profits and cooperatives also play significant roles in the economy, all operating under the umbrella of government regulations to ensure competition, innovation, and public welfare.
The recent financial and healthcare reform bills provide examples of how marketing can be impacted by which macroenvironmental factor?
which does the following illustrate?
Claire's office has lots of windows good air circulation unfriendly coworkers
A.job outlook
B.job environment
C.lifestyle
D.values
The description about Claire’s office given in the question seems to refer to her (B) job environment. Job environment refers not just to the physical form of the workplace, such as the good amount of windows and good air circulation, but also to her social environment, which includes her co-workers.
Job outlook refers to how sought after her occupation will be in the future, while values and lifestyle are incorrect because it does not relate directly to work conditions.
Why does the use of several depressants at once often prove to be a lethal combination?
The nervous system uses Gamma-Amino Butyric acid (GABA) as a neurotransmitter in the central nervous system. The use of several depressants increases the transmission of GABA that may cause the nervous system to slow down. The reaction of the body to several depressants is also unpredictable which makes it more dangerous.
5: Your checkbook shows a balance of $413. Your bank statement says you have $373. Assuming you are missing just one transaction, what is the amount of the transaction you are missing?
One of the reasons the internet may hamper quality democracy is that it
Parental consent is not necessary for a/an _____________.
The correct option is B., "Emancipated Minor", as parental consent is not necessary for an emancipated minor, who has gained legal independence, allowing them to make their own decisions.
In contrast, parental consent is usually required for children and elective procedures involving minors.
An emancipated minor is legally freed from the control of their parents or guardians.B. Emancipated minor is correct. An emancipated minor is legally freed from the control of their parents or guardians. This means they have the legal right to make decisions on their own behalf, including the ability to consent to medical procedures. This legal independence is granted through a formal court process where the minor must prove their capacity to support themselves and manage their own affairs.On the other hand:
A. Elective procedure: Parental consent is typically necessary for minors undergoing elective medical procedures.C. Child: Parental consent is required for any medical decisions involving a child who has not been emancipated.Full Question:
Parental consent is not necessary for a/an _____________.
A. elective procedure
B. emancipated minor
C. child
Which of the following are sources of income?
salary
deductions
part-time work
odd jobs
wishful thinking
Answer: Part time work and odd jobs
Part -time job is a source of income because it is a job done part time which brings a pay at the end of the working period.
Odd jobs no matter how odd they are are also sources of income as long as the worker gets paid.
In a mosque, what form is used to allow the faithful to be called to prayer?
Answer:
correct
Explanation:
What should be the primary goal of a financial manager?
The manager is a key figure in all the companies. The main goal of a financial manager is to maximize the shareholder's wealth by effectively managing the company's financial resources. They are responsible for planning, budgeting, forecasting and controlling the firm's financial resources.
Explanation:The primary goal of a financial manager should be to maximize the shareholder's wealth and ensure the financial health of the organization. This can be achieved by successfully managing the company's financial resources, including investments, budgeting, and forecasting. The financial manager is responsible for planning, organizing, controlling, and monitoring the firm's financial resources to achieve the company's goal of wealth maximization and sustainability.
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A financial manager's primary goal is to enhance shareholder value by managing finances, planning for growth, assessing risk, and making investment decisions, whilst also considering macroeconomic goals like economic growth, low unemployment, and low inflation.
Explanation:The primary goal of a financial manager is to maximize shareholder value and aid the company in achieving its overall objectives. This involves managing current finances, strategizing for future growth, analyzing risks, and making sound investment decisions. The financial manager should also focus on achieving long-term economic growth, ensuring low unemployment, and maintaining low inflation.
As a company matures, becoming more established and profitable, the financial manager's role can shift. Beyond just knowing the company's business plans, the financial manager must understand the larger economic picture, including elements such as bondholders and shareholders who invest in the company. Therefore, strong financial management can enable the company to secure the necessary financial capital.
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Which all managers have, is power that results from a manager's authority to reward his or her subordinates. rewards can range from praise to pay raises, from recognition to promotions?
A(n) ____ lease allows organizations to use only some of the channels on a t1 line and be charged according to the number of channels they use
The deceased was in a motor vehicle accident. there are multiple fractures, facial abrasions and deep lacerations on the face. major restorative work is needed. the preferred treatment for sunken eyes before embalming is
What are some ways to protect intellectual property
Many innovative technology products are released as a(n) _____ test to allow usage and feedback from a small number of users who are willing to test the product under normal, everyday conditions of use.
Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year.
Mackenzie is responsible for buying a week's supply of food and medication for the puppies and kittens at a local shelter. the food and medication for each puppy costs twice as much as those supplies for a kitten. she needs to feed 164 kittens and 24 puppies. her budget is $4,240. how much can mackenzie spend on each puppy for food and medication?
Answer:
$40
Explanation:
An auto worker in ohio who loses her job because the company relocated the plant to another country represents an example of
a. structural unemployment.
The situation represents structural unemployment. This occurs when there is a mismatch between job-seeking workers' skills and the employers' needs, for example due to changes in industry location.
Explanation:The situation described where an auto worker in Ohio loses her job because the company relocated the plant to another country is referred to as structural unemployment. Structural unemployment is a type of unemployment that occurs when there is a mismatch between the skills of the job-seeking workers and the skills needed by the employers. For instance, this can happen due to technological advances, changes in consumer demand, or changes in location of industry as in this specific example of the company moving out to another country. The worker's skills may no longer be in demand in their geographical location and they may have to undergo training for a new job role or move to where those jobs are available.
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Brandname parts, inc., makes and sells parts for the repair of major appliances. clarice suffers a loss when a defective brandname part in her freezer fails to keep the contents fresh. a statute restricts the time within which clarice may file a product liability suit once she has discovered or should have discovered the damage. this is a statute of​
How did innovations in marketing and sales encourage conspicuous consumerism in the united states?
Suppose you filed your taxes and received a small refund from the IRS. What would have been the impact on the refund amount if you had decreased the W-4 allowances for that tax year?
The standard for sending security assertions is ________.
a. ldap
b. xml
c. saml
d. none of the above
SAML, an XML-based framework, is the standard for sending security assertions. This standard allows entities to make statements about identity, attributes, and entitlements, which is crucial for access control to web-based systems.
Explanation:
The standard for sending security assertions is SAML (Security Assertion Markup Language). SAML is an XML-based framework for communicating user authentication, entitlement, and attribute information. As its name suggests, SAML allows business entities to make assertions regarding the identity, attributes, and entitlements of a subject to other entities, such as a network-connected application. This standard is widely used for controlling access to web-based applications and services, beyond the firewall.
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