2 Points
Guadalupe's credit card has an APR of 23%, calculated on the previous
monthly b...
Business, 03.03.2020 19:26 karmaxnagisa20
2 Points
Guadalupe's credit card has an APR of 23%, 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 Previous New Payment Finance Principal New
month balance charges
received charges paid balance
$0.00 $900.00 SO 00 $0.00 $0.00 $900 00
$900.00 $0.00 $18.00 $17 25 $0.75 $899 25
$899.25 $0.00 $17 99 $17 24 $0.75 $898.50
$898.50 $0.00 $17.97 $17.22 $0.75 $897.75
$897.75 $0.00 $1796 $17 21 $0.75 $897 00
$897.00 $0.00 $17.94 $17.19
$0.75
$896.26
$896.26 $0.00 $17.93 $17.18 $0.75 $895.51
OWN
About what percentage of Guadalupe's payments so far have gone to paying
interest?
A. 26%
Answers: 2
Business, 22.06.2019 06:40
After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?
Answers: 1
Business, 22.06.2019 10:30
What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Answers: 1
Business, 22.06.2019 14:30
In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false
Answers: 1
Business, 22.06.2019 17:00
During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak
Answers: 2
English, 13.04.2021 21:10
Health, 13.04.2021 21:10
Physics, 13.04.2021 21:10
Mathematics, 13.04.2021 21:10
Mathematics, 13.04.2021 21:10
Social Studies, 13.04.2021 21:10
Mathematics, 13.04.2021 21:10
Physics, 13.04.2021 21:10
Mathematics, 13.04.2021 21:10
Mathematics, 13.04.2021 21:10
Health, 13.04.2021 21:10
History, 13.04.2021 21:10