The answer is: D. Both A and C are true.
All credit card companies impose interest charges to credit card holder in case they fail to fully pay their debt for the month. The interest rates could be as high as 20%.
Since you do not pay the full balance, the interest charges would be added to the remaining of your debt that you must pay the following month. This mean that your total debt would increase and you would need more time to actually pay off all your debt.
Option D is correct. If you pay only the minimum amount each month towards your credit card bill, you will be charged interest on your remaining balance, and you may be in debt for a long time.
Further Explanation:
Credit card:
A credit card refers to the type of loan given by the bank for a certain limit of amount. The individual can take this benefit for a certain period after that; he has to pay back the amount which he borrows from the bank. A credit card can be used for purchasing and point of time purchasing.
The credit card bill has to pay the person who has taken the loan from the banks. If individuals pay only the minimum amount each month, the remaining amount will be charged with a specified rate of interest. The individual ultimately creates the debt for a longer duration.
Justification for the correct and incorrect answer:
A.
You will be charged interest on the remaining balance: This option is incorrect.
The interest will be charged on the left balance of the credit card bill. This statement is true, but it is not the only answer to this question.
B.
Your annual percentage rate will increase: This option is incorrect.
The annual percentage rate is the rate of interest charged for the whole year on the credit balance. It will not increase unless the interest is changed by the company. This statement is incorrect.
C.
You may be in debt for a long time: This option is incorrect.
As the interest will be charged on the remaining balance of the credit card bill, the amount will be increased as the interest added in the principal amount. So, the debt will go for a long time. This statement is true, but it is not the only answer to this question.
D.
Both A and C are true: This option is correct.
The statement is true as both options A and C are correct in the context of this question.
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Answer details:
Grade: Middle School
Subject: Accounting
Chapter: Credit card
Keywords:credit card, minimum amount, each month, the interest charged, maybe in debt, for the long term, type of loan, remaining balance, the certain limit of amount.
The liberal approach to economic development that prioritizes privatization, liberalization of trade and foreign direct investment, government deregulation in favor of open competition and broad tax reform is known as ________.
The amount you pay to use someone else's money is called
What does "residual risk" mean in the rm process?
A good example of a ______________ offense is selling alcoholic beverages to a minor
The weight of a candy bar in ounces is an example of
The weight of a candy bar in ounces is an example of quantitative data. Thus, option B is the correct option.
What are ounces?An ounce can be defined as a measurement of wet that is being taken to measure something or some quantity. It is usually used to match or tally liquid material. oz is the abbreviation that is generally used to denote the ounces.
A quantitative data can be defined as the process in which the data can be counted. It is mainly a thing that can be counted or measured.
In order to weigh the Candy in ounces the measurement is done in ounces to help what the weight of the candies will be in this option the quantity data is being used which is the numerical data regarding the weight of the candy. Therefore option B is the correct option.
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If your proprietary know-how of "green" processes is difficult to transfer to other firms, the most effective approach would be _______________. foreign direct investment or licensing licensing or exporting exporting or foreign direct investment
The most effective approach is to use a foreign direct investment. If the proprietary is having difficulty in transferring to other firms, it is best to invest in another country in which this may be able to provide business operations and assets that may be of benefit of the company.
C. explain the court's guidelines for deciding discrimination cases.
In a group of 60 employees, some employees earn $75 per day, while others earn $100 per day. the total amount of weekly earnings for all 60 employees is $4,800. based on the information provided above, what is the ratio of employees earning $75 per day compared to those earning $100 per day?
When you know a firearm's effective killing range, you can determine: which animals you can hunt which stance to use when shooting whether you are aiming at the target when a shot will give a clean kill?
When you know a firearm's effective killing range, you can determine whether a shot will give a clean kill.
The effective killing range refers to the distance at which a firearm can reliably and ethically take down an animal with a clean and humane shot.
Understanding the effective killing range allows you to assess whether the distance to your target falls within the range where your firearm is accurate and powerful enough to deliver a lethal shot.
By knowing the effective killing range, you can make informed decisions about which animals you can hunt ethically.
Different firearms and ammunition have varying effective ranges, and it is essential to match the capabilities of your firearm to the size and distance of the game you are pursuing.
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Suppose the total benefit of watching 1 baseball game is 100, the total benefit of watching 2 games is 120, and the total benefit of watching 3 games is 125. in this case, the marginal benefit of watching the 3rd game is:
Final answer:
The marginal benefit of watching the 3rd baseball game is 5.
Explanation:
The marginal benefit of watching the 3rd baseball game can be calculated by observing the change in total benefit as the number of games watched increases. In this case:
Watching 1 game gives a total benefit of 100.
Watching 2 games gives a total benefit of 120.
Watching 3 games gives a total benefit of 125.
The marginal benefit of the 3rd game can be calculated as 125 (benefit of 3 games) - 120 (benefit of 2 games), which equals 5.
Examples of fiscal policy that increase aggregate demand include ______.
Final answer:
Fiscal policies that boost aggregate demand typically involve reduced taxes and increased government spending as part of an expansionary fiscal approach, which is particularly effective during recessions to stimulate economic activity.
Explanation:
Examples of fiscal policy that increase aggregate demand include measures that involve expansionary fiscal policy. This means policies that result in increased government spending or decreased taxes, leading to higher demand in the economy. Notably, this can be achieved through:
Increase in consumption by reducing personal income taxes or payroll taxes, thereby increasing disposable income.
Increase in investment by cutting business taxes, which raises after-tax profits and encourages more spending on capital.
Government purchases of final goods and services, and higher federal grants to state and local governments, which elevates their spending on goods and services.
During times of recession, these policies are particularly relevant as they help stimulate economic activity and counter excessive unemployment by boosting aggregate demand. Conversely, contractionary fiscal policy includes reducing government spending or increasing taxes, and is often applied to cool down an overheated economy that is at risk of inflation.
When a business collapses only those who work directly for the business are impacted.
True or false.
Answer: False
Explanation: Share holders and buyers are also impacted.
Q 9.37: when should the gross profit method of inventory valuation not be used because it is invalid?
________ refers to the fact that consumers believe the more people who purchase a brand, the higher the brand's quality and that consumers believe global brands develop new products and technologies faster than local brands.
In selling 300 acres of rural land to organic farms, peyton tells the buyer that the land "will be worth twice as much by next year." this is
An employee at falcon security is studying an analysis of data regarding the occurrence of problems and failures with its drones and cameras. based on the analysis, the employee may schedule maintenance on the equipment. falcon security is using the analysis for __________.
_____ is high when customers have many choices and low when they have few choices.
Answer: Supply
Explanation:
Supply is something that is made available for use. Also, something needed or wanted.
I guess the proper answer is supply. The quantity of goods and services to be supplied will increase as customers' choices increase.
A good business person will make arrangements for availability of various different quantity of such goods and services demanded to meet the rising choices of customers. Since there are various choices made available for the customer, sales will increase as the customer sees what he/she is willing to buy.
Espinoza is sixteen, but looks much older. she purchases a diamond bracelet, but decides nine months later that it was unwise to spend the money, so she:
Understanding the _____ begins with analysis of market share.
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.
When qualifying a buyer the lender will calculate the debt coverage ratio, which measures?
Why is it important to match case subjects and control subjects so closely in a case-control study?
Final answer:
Matching case subjects and control subjects closely in a case-control study is important to eliminate the effects of confounding variables.
Explanation:
In a case-control study, it is important to match case subjects and control subjects closely to eliminate the effects of confounding variables. Confounding variables are factors that could influence the outcome being studied, but are not the main focus of the study. By matching case and control subjects, researchers can ensure that the only significant difference between the two groups is the presence or absence of the trait being studied. This allows for a more accurate assessment of the association between the trait and the outcome.
For example, in the smoking and lung cancer study, Doll and Hill matched lung cancer patients (cases) with people without lung cancer (controls) who were similar in age, sex, and other characteristics. This matching process helps rule out other factors that could contribute to the development of lung cancer, such as age or gender.
Keywords: case-control study, confounding variables, matching, lung cancer, smoking
People in households with an annual income under $10,000 add to their income and recycling efforts when they collect cans and bottles. this represents
The management task of ___ involves grouping related activities together and assigning employees to perform them.
what does it mean for a credit to transfer
Answer:
this is an amount of payment in which an amount of money or credit is directly transfered to another account
Answer:
That each academic institution will accept the credit a student earns for the class.
Explanation:
how can you make yourself “visible” when telecommuting?
Contacting and talking with your co workers, keeping your name out there as well as being friendly couldn't hurt much hope this helps (:
What is the opportunity cost in this scenario? Mikael has saved $4,000 for his trip to Brazil. He has calculated that his total transportation expenses will be $1,000. The hotel will cost him another $1,500. He will spend about $500 on food. He plans on spending the remaining $1,000 for sight seeing and buying souvenirs. While booking his plane ticket, he realizes that the price has gone up. His total transportation expenses will go up by $200. He realizes that he cannot cancel his hotel reservation. He also doesn't want to go cheap on food. Finally, he decides to give up visiting popular Ouro Preto during his stay in brazil. A) Transportation B)Hotel C)Food D)Sightseeing
Answer:
I think it is Sightseeing
Business managers are often overly confident of their own hiring ability because they are more likely to monitor the successes of people they hired than the achievements of those they rejected. this illustrates that overconfidence may be facilitated by:
Flexibility development guidelines indicate that the final position for each exercise should be held for
Rico has been trying hard to get a certain building contract for his company. he talks to the government official who is managing the building contract allotment. rico promises the official a ‘treat' if he directs the contract to rico's company. rico can be found guilty of
Rico has been trying hard to get a certain building contract for his company. Rico can be found guilty of bribery.
What do you mean by the building contract?A construction contract is a written agreement between two parties that is mutually or legally binding and is based on rules and specifications. One or more property owners and one or more contractors are the two parties engaged.
Standard Form Contracts are agreements that use pre-printed, non-negotiated, standardized provisions. These are also known as "take it or leave it" contracts, "contracts of adhesion," or "boilerplate contracts."
Therefore, Rico has been trying hard to get a certain building contract for his company. he talks to the government official who is managing the building contract allotment. Rico promises the official a ‘treat' if he directs the contract to Rico's company. Rico can be found guilty of bribery.
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