You keep an average outstanding balance on your credit card of $1,000. Your present credit card has an annual premium of $25 and 18% APR on the outstanding balance
Given the following list of annual premiums, what is the maximum amount you would be willing to pay for a credit card that had a 15% APR?
A)
$100
B)
$90
C)
$70
D)
$50
D
You might also like to view...
An audit opinion is a guarantee that the business is a going concern
a. True b. False Indicate whether the statement is true or false
Which of the following companies has a market-oriented business definition?
A) An electronics company, whose business definition is: "We produce microchips." B) A hotel, whose business definition is: "We rent rooms." C) An apparel company, whose business definition is: "We make and sell women's clothing." D) A cosmetic company, whose business definition is: "We sell hope and self-esteem." E) A pizzeria, whose business definition is: "We sell the world's most delicious thin-crust pizzas."
Andrew is employed as a chief financial officer of EasyMoney in New York City, for a salary of $200,000 per year on a three-year contract. His employer terminates Andrew with two years left on the contract
Andrew accepts employment as a financial analyst at a different firm that pays $150,000 per year. Which of the following hold true in this scenario? A) Andrew cannot take any legal action against his prior employer after accepting another job. B) Andrew's prior employer must pay Andrew two years' worth of his previous salary. C) Andrew can only sue to receive nominal damages. D) Andrew can sue his prior employer and recover $100,000.
Which of the following would not be considered to be an intangible asset?
A. franchises B. copyrights C. investments D. trademarks