subject
Business, 17.12.2019 19:31 taylordalton93

Benjamin's credit card has an apr of 19%, 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.
end of
principal
month
payment
received
50.00
paid
charges
50.00
$48.00
voorwn
previous
balance
$0.00
$2400.00
$2390.00
$2380.04
s2370 12
$2360 25
$2350.41
new
charges
$2400.00
so 00
50.00
$0.00
s0 00
547 80
$47.60
wong
50 00
$10.00
$9 96
992
balance
$2400.00
$2390 00
$2380 04
$2370 12
$2360 25
$2350.41
$2340.62
54740
50.00
$0.00
what is the total amount that benjamin has made in payments over the 7
months?
o
a. $225.64
o
b. $47.01
o
c. $59.38
od. $285.01

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:30
Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price
Answers: 3
question
Business, 22.06.2019 06:40
As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget
Answers: 3
question
Business, 22.06.2019 15:00
Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)
Answers: 2
question
Business, 22.06.2019 19:30
Each row in a database is a set of unique information called a(n) table. record. object. field.
Answers: 3
You know the right answer?
Benjamin's credit card has an apr of 19%, calculated on the previous monthly
balance, and a mi...
Questions
question
Mathematics, 09.03.2021 01:00
question
Computers and Technology, 09.03.2021 01:00
question
Mathematics, 09.03.2021 01:00
question
Mathematics, 09.03.2021 01:00
question
Mathematics, 09.03.2021 01:00
Questions on the website: 13722362