Jordan’s credit card has an apr of 10.59%, compounded monthly. he is required to make a minimum payment of 3.96% of his current balance every month. at the beginning of march, jordan had a balance of $628.16 on his credit card.

the following table shows his credit card purchases over the next few months. month cost ($)
-march 50.81
march 48.04
april 77.36
april 32.40
april 49.20
may 25.79
may 79.39
may 79.08

if jordan makes only the minimum monthly payments in march, april, and may, what will his balance be after he makes the minimum payment for may? (assume that interest is compounded before the monthly payment is made, and that the monthly payment is applied at the end of the month. round all dollar values to the nearest cent.)

a. $1,094.10 b. $988.97 c. $967.60 d. $1,070.23

How do primary and secondary industries differ

Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.