This table can be used to organize Raj’s credit card balances and payments over 6 months. The annual percentage rate on the card is 18%. Raj’s Credit Card Payments Month Balance Payment Interest Rate Interest Charged 1 $500 $100 0. 015 $6. 00 2 $406 $50 0. 015 3 $361. 34 $50 0. 015 4 $316. 01 $50 0. 015 5 $270 $50 0. 015 6 $223. 30 $50 0. 015 What is the amount of total interest charged for the first 6 months?.

Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?