Rodney owes $1,541.05 on his credit card. His card has an APR of 16.29%, compounded monthly. Assuming that he makes no payments and no purchases, how much will he owe after one year?
a.
$1,561.97
b.
$1,811.70
c.
$1,792.09
d.
$1,541.05



Please select the best answer from the choices provided


A
B
C
D

Answers

Answer 1

Answer:

b. $1,811.70

Explanation:


Related Questions

To _____ is to modify or improve upon code.


propriate

tweak

kernel

debug

Answers

i’m pretty sure it’s debug!
The answer is debug hope this helps!

Which statement best describes a recession?

A. More people are unemployed, causing more competition for jobs.
B. The prices of goods make them too expensive for people to buy them easily.
C. People cannot afford to buy goods because competition leads to higher prices.
D. A large number of people are unemployed and have decreased spending power.

Answers

Answer:

D. A large number of people are unemployed and have decreased spending power.

Answer:

I agree!

D. A large number of people are unemployed and have decreased spending power.

Explanation:

What does the Fair Credit Reporting
Act focus on?
A. The borrower's rights in regard to their credit
report.
B. The bank's ability to change customer's credit
reports.
C. The government's ability to see an individual's tax
forms.
D. The lender's rights in hiding loan information.

Answers

B

:) hope this helps

Budgeting helps consumers reach their financial goals by helping them do which of the following?

A. Find the lowest prices for goods and services

B. Conserve on searce natural resources

C. Keep their expenses below their income

D. Weigh the information needed to make rational decisions

Answers

Answer:

C. Keep their expenses below their income

Explanation:

What are some good colleges in New Orleans that arent expensive??

Answers

Answer:

southern university, Dillard university, university of new orleans

PLEASE HELP NOW!!! Why is a higher interest rate important when saving money?

A.) It means the person will owe the bank less over time.
B.) It grows savings at a faster pace.
C.) It pays interest on principal and interest.
D.) It requires a lower amount be deposited each month.

PLEASE HELP!!!

Answers

B.) It grows savings at a faster pace.

The interest rate determines how much money a bank pays you to keep your funds on deposit. Suppose you deposit $5,000 into a savings account, don’t deposit or withdraw any more money and the interest rate doesn’t change. If the account has a 1.00% interest rate and the interest compounds annually—that is, the bank pays you interest on your balance once each year—you’ll earn $50 after the first year. -Discover.com

Answer:

B.) It grows savings at a faster pace.

Explanation:

Explain three features of a bank current account (chequebook account).

Answers

Answer:

1). cheque is an instrument in writing

2). Cheque contains an unconditional order

3). Cheque is drawn by costumers on his/ her bank

4) Cheque must be signed by costumers who have account

What is the first-known example of a corporation issuing stock? In what time period did
this take place

Answers

Answer:

i love you :)

Explanation:

The first modern IPO occurred in March 1602 when the Dutch East India Company offered shares of the company to the public in order to raise capital. The Dutch East India Company (VOC) became the first company in history to issue bonds and shares of stock to the general public.

what is a customer retention?

Answers

Answer:

Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.

Explanation:

can i have brainliest

Customer retention is keeping customers as repeat customers. Repeat customers come back to make purchase more then one time.

Nurix, Inc. is a business consulting firm. During the month of​ February, Nurix earned​ $55,600 of revenues by providing services to 47 clients. Operating costs for February were​ $8,500 and​ non-operating costs were​ $6,000. What is the unit cost per​ service? (Round your answer to the nearest​ cent.)A. $127.66B. $1,182.98C. $308.51D. $180.85

Answers

Answer:

Unitary cost= $308.51

Explanation:

Giving the following information:

Number of services= 47

Operating costs for February were​ $8,500 and​ non-operating costs were​ $6,000.

First, we need to calculate the total cost:

Total cost= 8,500 + 6,000

Total cost= $14,500

Now, the cost per service:

Unitary cost= 14,500/47

Unitary cost= $308.51

Empathy involves _____.


feeling pity

active listening

feeling sorry

written communication

Answers

Answer:

active listening

Explanation:

Empathy involves making every effort to understand others FROM THEIR POINT OF VIEW. It means communicating an understanding of how THAT PERSON feels in a situation, NOT how YOU would feel in that situation.

Empathy is defined as “the feeling that you understand and share another person's experiences and emotions” or “the ability to share someone else's feelings”. Feeling sorry for a person automatically generates feelings of pity, which is not helpful in situations where people are in pain.

I hope this helps! :)

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I WILL GIVE BRAINLIEST

I have a nail salon business - I just recently purchased new pedicure chairs, what type of cost is this?
A. Fixed Cost
B. Variable Cost

Answers

Answer:

FIXED COST

Explanation:

I THINK ITS FIXED COST

PLEASE HELP!! NO ONES HELPED YET T^T WILL MARK BRAINLIEST!!!!!!!!!!!!

Answers

Answer:One of the main reasons why people are motivated to do a job well is the sense of achievement they get from it. Achievement is the feeling of pride that comes from knowing you have done your job well.

A second type of motivation that is common in the workplace is that of power. Some people get a lot of pleasure out of having power and authority. This is not necessarily a bad thing, as sometimes these people are particularly good at directing others and can make good managers.

Both types of motivation are common, and they can be very important in the workplace. However, the sense of achievement can be created by the person individually, and requires little group work. On the other hand, the motivation of power depends on the type of interaction the person has with others.

Explanation:self motivation requires a personal drive where as group motivation has other people tell you when your doing good or they can help you when it isnt going right.

please help me with my question from my profile.

The stage in which the sales of a service start to lesson is called the

Answers

Answer: decline stage

Explanation:

Why do you think it is better for the industry to advertise its product through magazine than newspapers.Give two reasons

Answers

Answer:

Magazines are more specifically targeting, offer higher scope of sale conversion.

Explanation:

Advertisement is done to persuade people for buying goods & services. It can be of various forms, eg - magazines & newspapers.

Magazines are better than newspapers, as -

Magazines are read by people specifically interested in the particular niche, so they are more likely to be prospective buyers of the product. Newspapers are comparatively less targeted form of advertisement, as they advertise to all the people, irrespective of their scope of interest in the good or service. Magazines are relatively more targeted in this case.

Mutual fund A earned 10 percent while B earned 8 percent. The standard deviations of the returns were 10 percent and 7 percent, respectively. According to the Sharpe ratio, which fund performed better?

Answers

Answer:

Fund B is better

Explanation:

Given:

Return of fund A = 10 %

Return of fund B = 8 %

Standard deviations of A = 10%

Standard deviations of B = 7%

Find:

Which fund better?

Computation:

Sharpe ratio for A = (10-3)/10

Sharpe ratio for A = 0.7  

Sharpe ratio for B = (8-3)/7

Sharpe ratio for B = 0.714

So,

Sharpe ratio for B is higher

Fund B is better

The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.

Answers

Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.

Explanation:

Which step of the legislative process is missing?
with answers in screenshot

Answers

The bill is voted on by senate

The manufacturing shop is producing custom photo imprinted mouse pads for clients. The startup equipment cost $400. A mouse pad has a production cost of $3. The retail sale is $12.
1). Write a cost function
2). Write a revenue function
3). Give the break-even point
Please help me answer all 3 questions, thanks!

Answers

Answer:

[tex]c(x) =400 + 3x[/tex]

[tex]r(x) = 12x[/tex]

[tex]x = 44.44[/tex]

Explanation:

Given

Cost

[tex]Equipment = 400[/tex]

[tex]Production = 3[/tex] per mouse pad

Revenue

[tex]Sales\ Price = 12[/tex]

Solving (a): The cost function

Let the number of mouse pad be x and the cost function be c(x).

[tex]c(x) =Equipment + Production * x[/tex]

[tex]c(x) =400 + 3 * x[/tex]

[tex]c(x) =400 + 3x[/tex]

Solving (b): The revenue function

Represent this with r(x)

[tex]r(x)= Sales\ Price * x[/tex]

[tex]r(x)= 12 * x[/tex]

[tex]r(x)= 12 x[/tex]

Solving (c): The break-even point

This is the point where r(x) = c(x)

So, we have:

[tex]12x = 400 + 3x[/tex]

Collect Like Terms

[tex]-3x+12x = 400[/tex]

[tex]9x = 400[/tex]

Solve for x

[tex]x = \frac{400}{9}[/tex]

[tex]x = 44.44[/tex]

What number is 0.1 more than 30.7?

Answers

Answer:

30.8

Explanation:

Most employers will pay their employees by directly depositing their paycheck into their checking account. According to his checking account statement, John was paid ________________ every __________

Answers

Answer:

Explanation:

According to the bank statement for John Jones that can be found online. John was paid by direct deposit every 14 days (two weeks). Every two weeks John receives a total of $694.81 directly to his bank account and described as "Payroll Deposit - Hotel" which is most likely his job. Direct deposit is a feature that almost every employer has to automatically send an employee's earned income directly to their bank account at the same time every couple of weeks, sometimes twice a month and other times once a month.

Enter Mia’s total profit/loss for the month may account in the box below

Answers

To find the total profit or loss for the month:

Add total fixed and total variable expenses to get total expense.



9,000 + 300 = 9,300

Total expense = 9,300

To get total profit/loss, less total expenses from total revenue.

Total revenue = 9,500

9,500 - 9,300 = 200

Total profit/loss = $200

Out of the choices provided above, it can be concluded to state that the total accounting profits for Mel for the month of May as per the financial statements given above will amount to a total of $200. Therefore, the option D holds true.

What is the significance of accounting profits?

The accounting profits can be referred to or considered as the profits that lead to a total of surpluses of cash balances and reserves for a particular accounting period. If the amount is not in excess of the expenses, it expresses a condition of an accounting loss for the firm.

In the situation given above, Mel's revenues were $9500, but her expenses were $9000 fixed and $300 variable. So, the accounting profits will be $200, i.e., $9500-($9000+$300)

Therefore, the option D holds true and states regarding the significance of accounting profits.

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The missing options are added below for better reference.

A. -$200

b. $300

c. $500

d. $200

How did the pandemic affect the ability of business?

Answers

Answer:

Most businesses had to close down meaning that they were making no money and if they were small then the owners and workers would have no income.

Explanation:

For the majority of millennials, the cost of paying off their student loans has wound up holding them back from living on their own, making major purchases like buying home and even being able to start a family…
Trade schools cost a fraction of what public and private schools cost. The average cost of vocational school comes out to around $33,000 – for the entire education. This the average cost of a single year of college.

–"The Financial Case for Trade School Over College," Mel Bondar, US News

According to the text, why is trade school more economical for some students? Select two that apply.

a). The cost of attending trade school is cheaper than the cost of a 4 year college.

b). Trade school graduates make more money than college graduates.

c). The cost of attending a 4 year college is offset by higher earnings in the long run.

d). Students who chose trade school over college often make better financial decisions.

e). Students who graduate from trade school have less debt than college graduates.

Answers

Answer:

A) The cost of attending trade school is cheaper than the cost of a 4 year college.

E). Students who graduate from trade school have less debt than college graduates.

Explanation: I just took the test on a virtual course and got it right. Hope this helps :)

Trade school more affordable for some students cost, according to the text  A trade school is less expensive to attend than a four-year university. Thus option (a, e) is correct.

What is the cost?

A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.

If you set a goal of 5 jars of mayonnaise and only have 2 on hand, you know you need to order 3 more. Private expenses are the costs borne by the buyer of a commodity or service. This is also known as the costs associated with the firm's production function. External costs (also known as externalities) are the costs borne by people other than the buyer.

Therefore, Thus option (a, e) is correct.

Learn more about cost here:

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Can someone help me finish these missing assignments for accounting?

Answers

Yeah I can help with accounting

NEED HELP ASAP, WILL GIVE BRAINLIEST

1. Variable Costs are also known as ___________
A. Cost of Goods Sold
B. Liabilities
C. Assets
D. Equity

2. The bank purchased a desk for a new employee. What type of cost is the purchase of a new desk?
A. Fixed Cost
B. Variable Cost

3. Today I sold a new 80 inch television. The sale of this item is called________?
A. Unit of Sale
B. Asset
C. Cost of Goods Sold

Answers

Answer:

Cost of Goods Sold

variable cost

evality

1. Cost of goods sold
2. Fixed cost
3. Unit of sale

Rick has a great idea about a new product to sell. He needs
money to get started building his brand. What type of loan does
he need?
A. Mortgage
B. Business
C. Home equity
D. Auto

Answers

He needs a business loan so it would be B

In a command economy, decisions about which goods are produced are based on:

A) what goods are most likely to seek in international markets
B) what the government decides is important for society
C) what the local community has made for generations
D) what businesses believe will generate the most profits

Answers

Answer:

B)

Explanation:

Answer: B) what the government decides is important for society

T account charts must always have what?

Answers

A debit and a credit side.

Choosing to go to college over getting a job right out of high school is an example of a(n)___.
fixed cost
opportunity cost
Ο Ο Ο
variable cost
O none of the above

Answers

It is an opportunity cost.
Because your are choosing to do one out of the two
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