1. You are considering buying the latest stereo system model. The dealer in "The Stereo World" store has offered you two payment options. You can either pay $10,000 now, or you can take advantage of their special deal and "buy now and pay a year from today," in which case you will pay $11,100 in 1 year. Calculate the effective annual interest rate (EAIR) of the store's special deal.

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.

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consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.