Trevor's new mastercard credit card has an introductory 6 month 0% APR. His average daily balance for the first month was $2,350. What is his finance charge for the first month

Answers

Answer 1

Answer:

$0

Explanation:

Since Trevor's new credit card is offered with an introductory promotion of 0% APR for the first 6 months, that means that the bank or credit card company will not charge interest rates for the first 6 months. Since the interest rate is 0%, the finance charge for the first month is also 0, but it doesn't mean that Trevor will not pay anything though.  


Related Questions

1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling price is birr 6/unit B, what would be the company cost is it decides to shutdown operation for the next four month

Answers

Answer:

Break Even point Q = 500000

Shut Down Point P < 5

Explanation:

Break Even point is where Total Revenue = Total Cost.

Total cost = 500000 + 5Q, price = 6 (Given) , Total revenue = Price x quantity  

So, TR = TC implies : 500000 + 5Q = 6Q → 500000 = 6Q - 5Q

Q = 500000

Shut Down Point is where firm's Price is < its Average Variable Cost .  

AVC is the variable cost on per unit output, is found out by average of variable component of cost function. C = 500000 + 5Q implies variable cost = 5Q , so AVC = 5Q / Q = 5

So, the firm would shut down if its price would go below AVC , ie if P < 5

HELP NOW PLEASE
how productivity is important to an economy​

Answers

Answer:

Productivity increases have enabled the U.S. business sector to produce nine times more goods and services since 1947 with a relatively small increase in hours worked. With growth in productivity, an economy is able to produce—and consume—increasingly more goods and services for the same amount of work.

Answer above me, first person is correct

With reference to above statement,how would sustainable consumption and production impact the society?​

Answers

I don’t know the answer but you may find it here

https://sustainabledevelopment.un.org/topics/sustainableconsumptionandproduction/decisions

_____ and _____________ are critical, and needs to be built into the overall process of relationship

Answers

Answer: The options related to your question is missing hence i will provide you with a general answer on process of relationship

answer : wholehearted love and  Decision are critical

Explanation:

The overall process of any kind of relationship passes through five specific stages and each relationship passes through these stages repeatedly . the stages are ; The merge stage , doubt stage , disillusionment , decision and love ( whole hearted )

15) Find the three consecutive even numbers whose sum is 36.
3y
16) Find y:- 8 = 1​

Answers

Answer:

Q)15: y=4 Answer

Q16): y=7 Answer

Explanation:

Q15:                                                Solution:

1st even consecutive number= y

2nd even consecutive number= y+2

3rd even consecutive number= y+4

y+y+2+y+4

2y+2+y+4

4y+y+4

5y+4

9y=36

9y/9=36 (9y divided by 9 with both side Left side and also right side and 9 and 9 will cut. Now y is left)

y=36/9 (Now divide the 36 with 9)

y=4 Answer

Q16).                                           Solution:                                                              

The equation is y-8 = 1 (Now we have to shift the 8 into left hand side).

y=8-1 (Now we have to minus the 1 from 8).

y=7 Answer

Please mark me as a brainlist.

Thank You

How much money does accountents get paid per year? or per month.

Answers

Answer:

ALOT

Explanation:

How Much Does an Accountant Make? Accountants made a median salary of $71,550 in 2019. The best-paid 25 percent made $94,340 that year, while the lowest-paid 25 percent made $55,900.

Answer:

around 50k

Explanation:

Accountants make around $4,700 per month and around 57,900 per year

________Accounts are accounts of People or business entities.
O Nominal
O Real
OPersonal
O Static

Answers

Answer:

REAL

Explanation:

i’m pretty sure it’s real

In which situation would a person pay more in income tax than he or she did
the year before?
A. The salary a person earned increased.
B. The number of dependents the person had increased.
C. The amount the person spent on electronics increased.
D. The value of the person's home increased.

Answers

Answer:

I got the answer from above wrong so here's the answer that was correct for me

ANSWER:  The salary a person earned increased.

hope I helped.  

Explanation:

Answer:

When the salary  of a person earned increased he or she have to pay more  income tax than year before.

Explanation:

Why do we pay taxes?

Most governments rely on taxes as their primary source of revenue. This money is used to fund public services such as schools, emergency services, and social programs, as well as to repair and maintain public infrastructure, such as the roads we commute on.

Income Tax-

Governments levy income taxes on enterprises and persons operating within their jurisdiction. Income tax is used to fund government services, pay debts, and give commodities to citizens.

Example-

Someone earning $30,000 per year may pay 25% of their income in taxes, whereas someone earning $300,000 or more may pay 35%. Income tax is defined as "a tax on the earned and unearned income of people and trusts" in the Financial Times' glossary of terminology.

The higher your income, the higher the percentage of it that gets taxed.

Learn more about Income Tax here-

https://brainly.com/question/26316390

#SPJ2

What will be the end result for the taxpayer who filed his federal income tax
return using the 1040EZ form shown below?

Answers

Answer:

I got " He Will Owe $180

Explanation:

A P E X

Answer: he will owe 250

Explanation:

What is a credit card?

Answers

girl? :D

A credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt

It’s a card you make payments off of

Find the simple interest paid.
9. Principal: $350
Annual rate: 4%
Time: 3 years
Interest

Answers

Answer:

$392

Explanation:

Using the simple interest formula....

A=P(1+rt)

A=350(1+(0.04)(3))

A=350(1+(0.12)

A=350(1.12)

A=350x1.12

A=392

A&E) Subscription received in cash Rs 60,000; subscription received in advance for next year Rs 3,000 and received in advance during previous year is Rs 2,000.Subscription in arrears at the end of current year Rs 5,400 . Amount credited to Income and Expenditure Account will be :(a)Rs 53,600(b)Rs. 55,600(c)Rs. 66,400(d)Rs. 64,400

Answers

Answer:

Amount credited to Income and Expenditure Account = Rs64,400

Explanation:

Given:

Subscription received in cash = Rs60,000

Subscription received in advance = Rs3,000

Subscription in arrears at the end of current year = Rs5,400

Subscription received in for previous year = Rs2,000

Find;

Amount credited to Income and Expenditure Account

Computation:

Amount credited to Income and Expenditure Account = Subscription received in cash + Subscription in arrears at the end of current year + Subscription received in for previous year - Subscription received in advance

Amount credited to Income and Expenditure Account = 60,000 + 5,400 + 2,000 - 3,000

Amount credited to Income and Expenditure Account = 67,400 - 3,000

Amount credited to Income and Expenditure Account = Rs64,400

PLEASE do your best on these questions, it’s 75% of my grade

Answers

Answer:

C

Explanation:

Im pretty sure its C. Everyone has to sign a lease when renting something

C it’s mandatory to be on a lease for a apartment or house

The main pupose of an investment institution is to A. Allow customers to deposit money into accounts at no charge B. Use deposited money to purchase stocks and bonds in order to make a profit C. Provide guranteed payments to depositors under specific conditions D Hold deposits in accounts and use that money to offer loans.

Answers

Answer:

The answer is "Option D".

Explanation:

Credit unions or financial institutions, among many others, have depository institutions. It provides customers with a reliable, stable but easy way of saving money or residences and businesses credits. The bank provides interest rates on deposits and uses that money to lend at rising interest rates.

Its main source of income for depositary entities is interest from loans. They build consumer deposits and facilitate economic development in households and businesses.

When using your debit card, ask your bank to block any --------- on your account.

Answers

Answer:

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Explanation:

A vast global network that is made up of many smaller interconnected networks is known as

Answers

Answer:

The internet

Explanation:

When people are in debt, it means there is no income

True or false?

Answers

They are in debt meaning they owe money. That does not mean there is no income coming in.

In an import-oriented distribution structure,A. the importer-wholesaler traditionally performs most of the marketing functions.B. the relationship between the importer and any middleman is similar to that found in a mass-marketing system.C. several independent agencies provide functions such as advertising, marketing research, and financing.D. the idea of a channel as a chain of intermediaries performing specific activities is common.E. the distribution system is national in scope.

Answers

Answer:

A. the importer-wholesaler traditionally performs most of the marketing functions.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

An import-oriented distribution structure is also referred to as a traditional distribution structure and it typically involves controlling a fixed supply of goods by an importer while selling a limited supply of the goods (products) at a higher price to a small group of rich or affluent customers.

This ultimately implies that, in this type of distribution structure, demand for goods usually exceeds the quantity of goods supplied.

Hence, in an import-oriented distribution structure, the importer-wholesaler traditionally performs most of the marketing functions.

QUESTION 2 of 10: Your Maitre'd's starting salary is $38,000/year. You have promised her an 8% raise per year for her first 5 years. What yearly salary be after 5 years? a) $23,725 b) $42,114 c) $49,189 d) $55,834​

Answers

Answer:

D) 55,834

Explanation:

-PLEASE HELP!
Which of the following choices is an example of an installment loan?

a fixed rate home loan

a variable rate credit card

a mutual fund

a utility bill

Capital, such as a car or home, is often used to secure a loan.

True

False

Answers

I believe the answers are utility bill and true.
1. Utility bill
2. True
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