subject
Business, 20.02.2020 02:19 tati7149

Suppose your credit card issuer states that it charges a 19.50% nominal annual rate, but you must make monthly payments, which amounts to monthly compounding. What is the effective annual rate? a. 21.34% b. 24.12% c. 19.42% d. 19.85%

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:30
You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.
Answers: 2
question
Business, 22.06.2019 21:00
Describe what fixed costs and marginal costs mean to a company.
Answers: 1
question
Business, 23.06.2019 08:00
Wyman corporation uses a process costing system. the company manufactured certain goods at a cost of $920 and sold them on credit to percy corporation for $1,315. the complete journal entry to be made by wyman at the time of this sale is:
Answers: 1
question
Business, 23.06.2019 09:00
In command economy, who makes production decisions? a. workers b. producers c. consumers d. the government
Answers: 1
You know the right answer?
Suppose your credit card issuer states that it charges a 19.50% nominal annual rate, but you must ma...
Questions
question
Business, 11.08.2021 03:00
question
Mathematics, 11.08.2021 03:00
question
Mathematics, 11.08.2021 03:00
question
Mathematics, 11.08.2021 03:10
Questions on the website: 13722360