Business, 28.01.2020 21:41, lizdeleon248

You receive a credit card application from shady banks savings and loan offering an introductory rate of 1.25 percent per year, compounded monthly for the first six months, increasing thereafter to 17.8 percent compounded monthly. assume you transfer the $8,000 balance from your existing credit card and make no subsequent payments.
how much interest will you owe at the end of the first year? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:00, HernanJe6

Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction

Answers: 1

continue

Business, 21.06.2019 20:00, akamya21

The maximum tax rate on estates and gifts

Answers: 1

continue

Business, 22.06.2019 09:00, jamesgraham577

Afood worker has just rinsed a dish after cleaning it. what should he do next?

Answers: 2

continue

Business, 22.06.2019 19:00, karmaxnagisa20

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e. g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i. e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?

Answers: 1

continue

Do you know the correct answer?

You receive a credit card application from shady banks savings and loan offering an introductory rat...