Leroy's credit card has an apr of 21%, calculated on the previous monthly
balance, and a minimum payment of 2%, starting the month after the first
purchase. his credit card record for the last 7 months is shown in the table
below.
principal
end of
month
ه
م حه ل ي م
previous
balance
$0.00
$26
$2593.50
$2587 02
$2580 55
$2574.10
$2567 66
new
charges
$2600.00
$0.00
$0.00
$0.00
$0.00
$0.00
payment
received
so 00
$52.00
$51.87
$51.74
$51.61
$51.48
$51 35
finance
charges
$0.00
$45 50
341539
445 27
$45 16
$45.05
$44 93
000
$6,50
$6.48
96 7
56.45
56.44
s04
ne
balance
29
$2593 50
52587 02
32580.55
$2574 10
250 06
5256124
$0.00
|
what is the total amount that leroy has paid in interest over the 7 months?

Daniel owns 100 shares of abc corporation's common stock. abc uses the fair value option, and recent declines in the firm's credit rating have caused the value of the firm's outstanding bonds payable to drop by 10%. daniel feels this is good news, but he wants to know what you think about the situation. which of the following represents your best response? a : "this situation may be positive for you in that the change in abc's credit standing indicates that the value of the firm's assets is likely increasing. however, the drop in bond value may negate any positive effects on your bottom line, because it means your claim on the firm's assets is simultaneously decreasing." b : "actually, this is bad news all around. the drop in the value of abc's bonds payable means shareholders' claims on the firm's assets have decreased. moreover, abc's declining credit rating means that the firm's assets are probably also dropping in value, thus magnifying your losses even more." c : "on the surface, this seems like good news because it means your claim on the firm's assets has increased. however, the drop in creditworthiness may also indicate that abc's assets are declining in value, thus offsetting any gains associated with the drop in bonds payable." d : "you're right! this is good news because it means that abc's debtholders have a decreased claim on the firm's assets. as a result, the firm's existing shareholders"like you"have seen their claim on the firm's assets increase."

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand