With a beginning balance of $1200 and no additional charges during the next three months, you will just pay the minimum payment each month for the next three months. the apr is 24.99% and the minimum payment each month is 3% of the balance. determine the finance charge, new balance, and minimum payment required for each of the next three months, and the starting balance for month 4 in the table below.

month starting balance finance charge new balance minimum payment
1 $1200
2
3
4
a) what is the total of minimum payments?

b) what is the total of the finance charges?

c) how much does the starting balance decrease after these three payments?

d)the total of your finance charges is what percent of our total payments?

e) explain why making the minimum payment all the time is great for the credit card company, but not so great for the user.

f) explain why having a credit card and using it wisely is beneficial to you.

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.

Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45

In macroeconomics, to study the aggregate means to study blank