Business, 12.03.2020 00:35 kodak0531

The tables show two ways to pay off $500 in credit card
debt
Which is the best option for someone who wants to
improve his or her credit and pay less interest on the debt?
Credit card debt: $500
Annual compound interest: 15%
Payment made per month: $15
Total paid (44 months): $65a. 85
$15 a month because it will let the person keep more
spending money
$100 a month because it will free up credit to buy other
things
$15 a month because it will save money in the long run
$100 a month because it will reduce the amount of debt
owed
Payment made per month: $100
Total paid (6 months): $519.63
Mark this and return
Save and Exit
Next
Submit

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 11:20

Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?

Answers: 3

Answer

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

Answer

Business, 22.06.2019 11:40

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:

Answers: 1

Answer

Business, 22.06.2019 18:30

Which of these is an example of innovation?

Answers: 2

Answer

You know the right answer?

The tables show two ways to pay off $500 in credit card
debt
Which is the best option fo...

Questions