G A person borrows $3,750 on a bank credit card at a nominal rate of 18% per year, which is actually charged at a rate of 1.5% per month.(a)What is the annual percentage yield (APY) for the card? (Round your answer to one decimal place.)%(b)Assume that the person does not place any additional charges on the card and pays the bank $150 each month to pay off the loan. LetBnbe the balance owed on the card after n months. Find an explicit formula forBn.(c)How many months will be required to pay off the debt? (Round your answer up to the nearest whole number.)months

Avx home entertainment, inc., recently began a “no-hassles” return policy. a sample of 500 customers who recently returned items showed 400 thought the policy was fair, 32 thought it took too long to complete the transaction, and the rest had no opinion. on the basis of this information, make an inference about customer reaction to the new policy. (round your answers to 1 decimal place.)

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

What is the equity method balance in the investment in lindman account at the end of 2018?