Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 29, 2024

1. It's June and Miles's credit card has a balance of $2,200. The minimum payment due is $88. The APR is 21%. How much interest

It's June and Miles's credit card has a balance of $2,200. The minimum payment due is $88. The APR is 21%. How much interest will he pay this month?

a.$40.26.

b.$41.96.

c.$40.76.

d.$38.28.

2.Who decides to grant or deny your credit application?

a.Credit bureau.

b.Federal Trade Commission.

c.Credit reporting agency.

d.Lender.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sports Finance And Management Real Estate Entertainment And The Remaking Of The Business

Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills

1st Edition

1439844712, 9781439844717

More Books

Students also viewed these Finance questions

Question

★★★★★

A particular block in a suburban neighborhood has 20 households. The number of children in these households is as follows: 2, 4, 2, 1, 0, 3, 6, 0, 1, 1, 2, 3, 2, 0, 1, 2, 1, 0, 2, 2 Make (a) A...

Answered: 1 week ago

Question

★★★★★

Identify several techniques that help make strategic planning effective 45

Answered: 1 week ago

Question

★★★★★

=+of new awards was begun again, were the trophies the same size? Compare the two groups with an appropriate nonparametric measure. Complete the test at a = 0.10. Award Year Size Americas Cup 1851 27...

Answered: 1 week ago

Question

★★★★★

Using Figure 7-5 as an example, redraw Figure 7-12 using an enterprise information system that processes a shared database. Explain the advantages of this system over the paper-based system in Figure...

Answered: 1 week ago

Question

★★★★★

Match the HTTP request type with its description. GET POST HEAD PUT Requests a document; server responds by sending status information followed by a copy of the document. Sends data to the server to...

Answered: 1 week ago

Question

★★★★★

Help Exercise 13-13A (Algo) Using a T-account to determine cash flow from operating activities LO 13-1 The Garden Company began the accounting period with a $44,000 credit balance in Its Accounts...

Answered: 1 week ago

Question

★★★★★

Crystal wants life insurance that will diversify her financial portfolio and build wealth. She is searching for a policy that uses an investment method that has the potential to grow at a maximum...

Answered: 1 week ago

Question

★★★★★

Mention and explain the job description of Distribution and Exhibition do fast and need correct answer with good explanation

Answered: 1 week ago

Question

★★★★★

3. Assignment Task Question No 1 a) Which is better, an investment that earns 10% compounded quarterly, one that earns 9.95% compounded monthly, or one that earns 9.9% compounded continuously? b) The...

Answered: 1 week ago

Question

★★★★★

Please do a to c a) Figure 3.1 shows the light intensity on a screen behind a single slit. The slit width is 0.20 mm and the screen is 1.5 m behind the slit. What is the wavelength (in nm) of the...

Answered: 1 week ago

Question

★★★★★

On Nov 8 th , the 4 % , 3 0 - year U . S T - bond has quoted ( asked ) price 1 0 2 . 1 2 5 0 , it paid interest 6 2 days ago . What s the actual sale price? ( The bond pays interest every 1 8 2 days....

Answered: 1 week ago

Question

★★★★★

What type of job evaluation method would you use in a company with 15 employees? Why?

Answered: 1 week ago

Question

★★★★★

Why do you think most employers opt for the home-based salary plan?

Answered: 1 week ago

Question

★★★★★

Build on the companys new system by recommending two more specific career development activities the hotel should implement.

Answered: 1 week ago

Previous Question Next Question