due to gatt's prohibition of quotas, a nation may not impose quotas to safeguard its external financial position and its balance of payments. group of answer choices true false

Answers

Answer 1

False. The statement is not accurate. The General Agreement on Tariffs and Trade (GATT) does not prohibit nations from imposing quotas to safeguard their external financial position and balance of payments.

GATT primarily focuses on reducing trade barriers, such as tariffs and quotas, to promote free and fair trade among member nations. While GATT encourages countries to use other trade measures that are less restrictive than quotas, such as tariffs or voluntary export restraints, it does not explicitly prohibit the use of quotas for external financial position or balance of payments reasons.

However, it's important to note that GATT has been succeeded by the World Trade Organization (WTO) since 1995. The WTO has further developed and expanded the rules and agreements on international trade. The Agreement on Safeguards within the WTO provides guidelines for the imposition of temporary quotas or other trade restrictions to protect domestic industries from sudden import surges or other adverse situations.

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Related Questions

Which fraud scam allegation do you investigate first?
1-Allegation #1: Leasing cars and failing to pay for them.
2-Allegation #2: Real estate fraud.
3-Allegation #3: Computer fraud.

Answers

The investigation into fraud scam allegations should prioritize based on the potential severity and immediate impact of the alleged fraud. Therefore, the investigation should first focus on Allegation #3: Computer fraud.

Computer fraud, Allegation #3, should be investigated first due to several reasons. In today's digital age, computer fraud can have widespread consequences, including financial losses, data breaches, and compromised security. It can involve activities such as hacking, identity theft, phishing, or unauthorized access to computer systems.

Computer fraud is often associated with sophisticated techniques and can pose a significant threat to individuals and organizations. Investigating this allegation promptly is crucial to mitigate any ongoing harm, prevent further breaches or damage, and preserve the integrity of computer systems and data.

While allegations such as leasing cars and failing to pay for them (Allegation #1) and real estate fraud (Allegation #2) are also serious, they may not have immediate and far-reaching consequences as computer fraud. However, it is important to assess and investigate all allegations thoroughly to ensure fairness and justice in addressing fraudulent activities.

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What type of marketing is generally characterized by limited communications and little or no ongoing relationship between the buyer and seller?.

Answers

A type of marketing that is generally characterized by limited communications and little or no ongoing relationship between the buyer and seller is transactional marketing.

What is transactional marketing?

Transactional marketing is one business strategy that focuses on single "point of sale" transactions. This strategy emphasizes is on maximizing the volume and efficiency of individual sales rather than developing a relationship with the buyer. The advantage of this strategy is the cost-effective strategy to build a sales model. It's because the strategy doesn't focus on brand image and the promotional costs are low. The example of transactional marketing is a shopping channel on TV advertising a new product and provides a phone number or website to buy the product in that moment.

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Can anyone help plzz?​

Can anyone help plzz?

Answers

Answer:

ts mad hard

Explanation

sos

shoshana is designing a presentation for middle schoolers about the dangers of vaping. she is trying to decide the best way to present the objective information in her presentation. which response is the best way to reach her audience?

Answers

Shoshana can effectively present the objective information about the dangers of vaping in a way that resonates with her middle school audience and promotes their understanding and awareness of the topic.

The best way for Shoshana to reach her middle school audience in her presentation about the dangers of vaping would be to use an engaging and interactive approach that includes the following elements:

1. Visual aids: Incorporate visually appealing and informative slides or images that effectively illustrate the dangers of vaping. Use graphics, charts, and illustrations to make the information more engaging and understandable for the middle schoolers.

2. Clear and concise language: Use language that is age-appropriate and easy for middle schoolers to comprehend. Avoid technical jargon and complex terms. Present the information in a straightforward and concise manner to ensure clarity.

3. Real-life examples: Share real-life stories and examples of the negative consequences of vaping. This can help the middle schoolers connect with the topic on a personal level and understand the potential risks and harms associated with vaping.

4. Interactive activities: Incorporate interactive activities to actively engage the middle schoolers in the presentation. This could include quizzes, polls, group discussions, or small-group activities that encourage participation and promote understanding of the dangers of vaping.

5. Peer testimonials: Consider including testimonials from other middle school students or young individuals who have experienced the negative effects of vaping. Peer testimonials can have a strong impact on the audience, as they can relate to and connect with the experiences of their peers.

6. Q&A session: Allocate time for a question-and-answer session where the middle schoolers can ask their questions and clarify any doubts or concerns they may have about vaping. This allows for active engagement and provides an opportunity to address specific inquiries from the audience.

By combining visual aids, clear language, real-life examples, interactive activities, peer testimonials, and a Q&A session in workplace, Shoshana can effectively present the objective information about the dangers of vaping in a way that resonates with her middle school audience and promotes their understanding and awareness of the topic.

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Please solve this question asap…as i have less time

Please solve this question asapas i have less time

Answers

Answer:

1 Cash to Capital

2 Bank to Cash

4 Purchase to Cash

5 Purchase to Cash

8 A/c receivable to Sales

10 A/c Payable to Cash

15  Cash dr(11700) Sales Discount dr (300) A/c receivable Cr(12000)

16 Wages Payable to Cash

18 Furniture to Cash

20 Drawing to Bank

22 Rent Payable to Bank

23 Drawing to Goods

24 Drawing to Bank

26 Cash to Commission received

27 Bank Charges Payable to Bank

28 Insurance Payable to Bank

29 Salary Expense/ Salary Payable (I forgot) to Cash

30 Cash to Sales  

If there is an important presentation and a work conference go on the same day, how would you tackle it?

Answers

It is important that there is planning in case there is an important presentation and a work conference on the same day, so that both activities are carried out effectively, each fulfilling its objectives.

How to prepare for an important presentation?

It is essential that the individual prepares himself before the presentation, reviewing his speech, the central points of his presentation, the visual resources and subjects to be addressed, always aligned with his audience, looking for strategies that help to engage the public.

Therefore, planning important activities, such as a presentation or a work conference, will help to focus more on each activity's need, its organization and coordination, so that each one takes place as designated.

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What is the term used to describe the phase of the business cycle in which real domestic product declines?

Answers

The phase of the business cycle when real domestic product drops is referred to as a recession.

What is the recession?

When real GDP (output) growth is sluggish or negative for an extended period of time and the unemployment rate significantly rises, this is referred to be a recession. During a recession, a lot of other economic indicators are also weak.

What happens throughout a recession?

A recession, in plain terms, is when the economy's performance deteriorates over a protracted period of many months, as seen by a decline in GDP, an increase in the unemployment rate, and a dip in consumer spending.

                             During a recession, people may experience significant changes in their day-to-day activities.

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Even under difficult circumstances, there will always be a "best" course of action. Please select the best answer from the choices provided T F.

Answers

Answer:

T

Explanation:

Yes they will be under difficult cirumstances

It is a true statement there will always be a best course of action even under a difficult circumstances.

What is a difficult circumstances?

Theseare circumstances of a particular situation that can be quite adverse if wrong decision are taken.

However, when the best action are took, it can mitigate the likely adverse outcome from such situation.

Therefore, the statement is true.

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Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.

Answers

Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as User-generated content.

User-generated content

UGC for short is content that is created, published or submitted by users of a brand. In numerous cases, it's the most influential content for brands. Usually, contributors are unpaid fans who encourage a brand instead of the brand promoting itself.

Online users are evolved increasingly savvy in knowing which companies are using messy marketing tactics, and which ones are being genuine and evident.

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A factory costs $ 571,340 . You forecast that it will produce cash inflows of $ 434,933 in year 1, $ 155,000 in year 2 , and $ 260,000 in year 3 . The discount rate is 8.

Answers

The net present value (NPV) of the investment in the factory is approximately -$20,609.75.

To evaluate the investment in the factory, we need to calculate the net present value (NPV) of the cash inflows. The NPV takes into account the time value of money by discounting the future cash flows to their present value.

The formula to calculate NPV is as follows:

NPV = CF1 / (1 + r)^1 + CF2 / (1 + r)^2 + CF3 / (1 + r)^3 - Initial Cost

Where:

CF1, CF2, CF3 = Cash inflows in years 1, 2, and 3, respectivelyr = Discount rateInitial Cost = Initial investment cost of the factory

Given:

CF1 = $434,933CF2 = $155,000CF3 = $260,000Initial Cost = $571,340r = 8% (expressed as 0.08)

Let's calculate the NPV:

NPV = $434,933 / (1 + 0.08)^1 + $155,000 / (1 + 0.08)^2 + $260,000 / (1 + 0.08)^3 - $571,340

Simplifying the equation:

NPV = $434,933 / 1.08 + $155,000 / 1.08^2 + $260,000 / 1.08^3 - $571,340

NPV = $402,456.48 + $134,259.26 + $214,014.51 - $571,340

NPV = -$20,609.75

The calculated NPV of the investment in the factory is approximately -$20,609.75. Since the NPV is negative, it suggests that the investment may not be financially favorable based on the given cash inflows and discount rate.

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explain how seatbelts reduce injury to passengers using Newtons laws of motion

Answers

Answer:

A body in motion stays in motion. Seat belts prevent the body from moving after a crash or other stopping of the car.

Explanation:

Answer:

Seat belts stop you tumbling around inside the car if there is a collision. Upon sensing a collision the seat belts lock in place. When the car crashes, there is no unbalanced force acting on the person, so they continue forward (Newton's First Law). The person moves against the seat belt, exerting a force on it.

Explanation:

Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36

Answers

Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.

To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:

The flat-rate disability amount is $496.36 per month.

The maximum monthly disability benefit is $1362.30.

Krishna's entitlement to a CPP retirement benefit is $660 per month.

To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:

The disability benefit will be the lesser of:

The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.

Let's calculate the disability benefit based on the above formula:

Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)

= min($660, $496.36 + $660 - $496.36)

= min($660, $660)

= $660

Therefore, Krishna will receive a disability benefit of $660 under the CPP.

Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.

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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36

FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit

Answers

Answer:

It is letter B

Explanation:

Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.

What is the budget?

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.

Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.

Therefore, option B is the correct option.

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The following information is for GameStop company: Net income: $50,000 Provision for bad debts: $2,000 Increase in inventory: $1,000 Increase in accounts payable: $2,000 Purchase of new equipment in cash: $15,000 • Depreciation: $5,000 • Repurchase of common stocks: $10,000 • Payment of dividends: $4,000 What is the change in cash? (Hint: Change in cash =CFO+CFI+CFF) 6

Answers

GameStop had a change in cash of $24,000. This was calculated by adding cash flow from operations (CFO), cash flow from investments (CFI), and cash flow from financing (CFF). CFO was calculated by adding net income and depreciation, and subtracting provision for bad debts.

First, let's break down the information given:

Net income = $50,000Provision for bad debts = $2,000

ncrease in inventory = $1,000

Increase in accounts payable = $2,000

Purchase of new equipment in cash = $15,000

Depreciation = $5,000

Repurchase of common stocks = $10,000

Payment of dividends = $4,000

To find the change in cash, we need to use the formula: Change in cash = CFO + CFI + CFF, where CFO is cash flow from operations, CFI is cash flow from investments, and CFF is cash flow from financing.

Let's calculate each of these components:

Cash flow from operations (CFO):Net income = $50,000

Add depreciation = $5,000

Subtract provision for bad debts = -$2,000

CFO = $53,000

Cash flow from investments (CFI): Purchase of new equipment in cash = -$15,000

CFI = -$15,000

Cash flow from financing (CFF):Repurchase of common stocks = -$10,000

Payment of dividends = -$4,000

CFF = -$14,000

Now we can calculate the change in cash: Change in cash = CFO + CFI + CFF

Change in cash = $53,000 - $15,000 - $14,000

Change in cash = $24,000

CFI was calculated as the purchase of new equipment in cash, and CFF was calculated as the repurchase of common stocks and payment of dividends. The negative CFI and CFF values mean that GameStop spent money on investments and financing activities, while the positive CFO value means that GameStop had positive cash flow from its operations.

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Job 910 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Machine-hours $2,474 73 labor-hours $ 19 per labor-hour 134 machine-hours The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $20 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 910 would be: $3,865 $7,381 $3,861

Answers

The total cost that would be recorded on the job cost sheet for Job 910 is $6,541.

To calculate the total cost recorded on the job cost sheet for Job 910, we need to determine the total manufacturing overhead applied and then add it to the sum of direct materials and direct labor costs.

Total manufacturing overhead applied = Predetermined overhead rate x Actual machine-hours used

Total manufacturing overhead applied = $20 per machine-hour x 134 machine-hours

Total manufacturing overhead applied = $2,680

Total cost recorded on job cost sheet = Direct materials + Direct labor cost + Total manufacturing overhead applied

Total cost recorded on job cost sheet = $2,474 + ($19 per labor-hour x 73 labor-hours) + $2,680

Total cost recorded on job cost sheet = $2,474 + $1,387 + $2,680

Total cost recorded on job cost sheet = $6,541

Therefore, the total cost that would be recorded on the job cost sheet for Job 910 is $6,541. Answer (d), $7,381, is not a possible option based on the calculations above.

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Creditors, such as a bank, need financial information a) to uncover fraudulent activity by top management. b) to plan future investments in research and development. c) to evaluate the risk of lending

Answers

Creditors, such as banks, require financial information for several reasons, including evaluating the risk of lending to a company. Here are the key aspects creditors consider when assessing the risk associated with lending:

Financial Health Assessment: Creditors analyze a company's financial statements, including the balance sheet, income statement, and cash flow statement, to assess its financial health. They look for indicators such as profitability, liquidity, solvency, and stability. These metrics help creditors determine the company's ability to generate sufficient cash flows to repay its debts.

Debt Servicing Capacity: Creditors evaluate a company's ability to service its debt obligations. They examine financial ratios such as the debt-to-equity ratio, interest coverage ratio, and debt service coverage ratio. These ratios provide insights into the company's ability to make timely interest payments and repay the principal amount.

Collateral and Security: Creditors assess the collateral or security that a borrower can provide against the loan. They evaluate the value and quality of the assets offered as collateral to mitigate their risk in case of default.

Creditworthiness and Credit History: Creditors review the borrower's creditworthiness by examining its credit history, including past payment records, credit utilization, and any previous defaults. This information helps determine the borrower's likelihood of repaying the loan.

Financial Stability and Business Viability: Creditors analyze the stability and viability of a borrower's business. They assess factors such as the industry's outlook, market position, competitive advantage, and growth potential. This evaluation helps creditors gauge the borrower's ability to generate future income and cash flows to support loan repayment.

In summary, creditors require financial information to evaluate the risk associated with lending to a company. This assessment involves examining the company's financial health, debt servicing capacity, collateral, creditworthiness, and business viability. By assessing these factors, creditors can make informed decisions regarding loan approval, terms, and interest rates.

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Which phrase best describes a certificate of deposit?

Answers

Answer:

An account in which money must stay deposited for a certain amount of time.

Why very few subsistence economies exist today

Answers

Answer:

As previously mentioned,

subsistence markets are

extremely vulnerable to

external influences.

Because of this

vulnerability, these economies are

becoming more scarce around the

world. In the past, for example, large

populations of indigenous peoples lived

throughout North America.

nardell has operated a successful franchise for a few years and would now like to open another similar business under his own brand. the contract nardell signed prohibits him from doing so. the contract contains:

Answers

This, in Nardell's opinion, constitutes trade constraint.

By trade, what do you mean?

Transferring goods or services through one person or institution to another includes trade, frequently in exchange for cash. A structure or network that permits trading is referred to as a market by economists. The voluntary transfer of commodities or services between various economic entities is referred to as trade. A trade will only take place if both parties believe it will advance their interests, as there is no obligation on the part of the parties to trade. Trade is the act of transferring commodities or services between individuals, businesses, or nations. The discussions for a fresh global trade agreement were directly under the ministry's jurisdiction in every facet of foreign commerce.

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If you had wanted to be a consumer representative, at that first advisory committee meeting held to discuss the ticagrelor nda, what process would you have followed?

Answers

If you had wanted to be a consumer representative, at that first advisory committee meeting to discuss the ticagrelor NDA, the BRILINTA process would have been used.

The advisory committees are a structured way for individual citizens to share their opinions and perspectives, consider issues, and develop recommendations in a focused, small-group structure.

An advisory board is a body that provides non-binding strategic advice to the management of an organization or foundation. The informal nature of advisory committees provides greater flexibility in structure and management compared to boards of directors. An advisory board is a collection of individuals who bring their own knowledge and skills that augment the knowledge and skills of the formal board to lead the organization more effectively.

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match each type of area with the correct level of housing prices?
URBAN
EXURBAN
SUBURBAN

LOW HOUSING PRICES
MEDIUM HOUSING PRICES
HIGH HOUSING PRICES

Answers

Answer and Explanation:

The matching of the area with the level of housing prices is as follows

Urban = High housing prices

As urban refers to that area in which there is a large population so of course the prices of the houses are high

Exurban = Low housing prices

The exurban is located in the rural areas in which there are less populations as compared to sub

Suburban = Medium housing prices

In this the population is more than the exurban

Consider the stock of Caruana Inc, trading at the moment for $100. This asset can either go up by 42.86%, or down by 30% each month. Caruana Inc. is a very volatile stock, analysts claim that its annual volatility is around 120%. While Caruana does not pay dividends, analysts are raving about it: everyone expects the stock to do very well over the next three months. One particular analysts suggests this bullish behavior implies a probability of the stock moving up each move (by 42.86%) on the order of 70% (so the stock goes down only with a 30% probability). Assume that the annual risk-free rate is 5%.

(a) What would you say is a fair price for a call option with a strike of $100 on Caruana’s stock with a three-month maturity date?

(b) What would be the replicating strategy for such a call option? Please be specific (see next part of this problem for an example) regarding the amounts of Caruana’s stock and/or cash you would like to hold at each point in time as a function of what happens to Caruana’s stock.

Answers

To determine the fair price of a call option on Caruana Inc.'s stock and to replicate the option using a specific strategy, you would need to consider factors such as the current stock price, volatility, probability of the stock moving up or down, time to expiration, and the risk-free rate. Mathematical models like the Black-Scholes model can be used to estimate the fair price, and the replicating strategy involves creating a portfolio that mimics the option's payoff using a combination of the underlying asset and cash.



(a) To determine a fair price for a call option with a strike price of $100 on Caruana Inc.'s stock with a three-month maturity date, you would need to consider factors such as the current stock price, the volatility of the stock, the risk-free rate, and the probability of the stock moving up or down.

The fair price of a call option can be estimated using mathematical models such as the Black-Scholes model. This model takes into account factors such as the current stock price, the strike price, the time to expiration, the risk-free rate, and the volatility of the stock.

In this case, you would need to use the given information about Caruana Inc.'s stock price, volatility, and the probability of it moving up or down to calculate the fair price of the call option. You would also need to consider the time to expiration and the risk-free rate.

(b) The replicating strategy for a call option involves creating a portfolio that replicates the payoff of the option using a combination of the underlying asset (in this case, Caruana Inc.'s stock) and cash.

To replicate the call option, you would need to hold a certain amount of Caruana Inc.'s stock and cash at each point in time, depending on what happens to the stock. The specific amounts of stock and cash would depend on factors such as the stock price, the strike price, and the time to expiration.

For example, if the stock price goes up, you may need to adjust the amounts of stock and cash in the portfolio to maintain the replicating strategy. If the stock price goes down, you would also need to make adjustments accordingly.

In summary, to determine the fair price of a call option on Caruana Inc.'s stock and to replicate the option using a specific strategy, you would need to consider factors such as the current stock price, volatility, probability of the stock moving up or down, time to expiration, and the risk-free rate. Mathematical models like the Black-Scholes model can be used to estimate the fair price, and the replicating strategy involves creating a portfolio that mimics the option's payoff using a combination of the underlying asset and cash.

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Where can water in the atmosphere come from? Select all possible answers.


A. oceans. B. plants. C. ice. D. puddles

Answers

Answer: A. It comes from oceans

commenced business with the balance at bank 125,000 (journal entry)​

Answers

bank a/c Dr

to capital a/c

who do you think should be the recipients of project proposal​

Answers

Answer:

The Employers/Head Company

Explanation:

You're pitching this to someone in charge, who might do some with the project.

Daube Company's operations for the month of July are summarized as follows: Provided $8,600 of services on account. Received $3,800 cash from customers for services provided in July. Received $1,100 cash for services to be provided in August. Received $5,100 cash from customers on account for services provided in June. Paid June’s warehouse rental bill on account in the amount of $1,200. Received July’s warehouse rental bill of $1,300; set it aside to be recorded at a later date. Required: Determine the net income for July using the cash basis of accounting. Determine the net income for July using the accrual basis of accounting.

Answers

Answer: See explanation

Explanation:

a. Determine the net income for July using the cash basis of accounting.

Revenue = $3800 + $1100 + $5100 = $10000

Less: Expense = $1200

Net Income = $10000 - $1200 = $8800

b. Determine the net income for July using the accrual basis of accounting.

Revenue = $8600 + $3800 = $12400

Less: Expense = $1300

Net income = $12400 - $1300 = $11100

what shows the notice about foreign employment​

Answers

\(\large\huge\green{\sf{Question:-}}\)

what shows the notice about foreign employment

\(\large\huge\green{\sf{ Answer:-}}\)

➡Foreign employment refers to being employed in a different country than that of a person's origin.

Blue, newspapers or professional journals; Red, personal contacts abroad; Green, recruitment websites.

please helps, its urgent

please helps, its urgent

Answers

The part of his email declining the invitation to the correct section.

buffer - It was an honor to be invited to the opening of your new retail store.

reason - My current project requires me to leave town for a while.

bad news - I sincerely regret not being present on this occasion.

closing- I am sure that we'll have an opportunity to work together in the future.

What is Email?

An email stands for electronic mail which is used as a method of communication in an official setting in the administrative environment to exchange any message.

The given email indicates a decline of an invitation in a positive manner to make the sender feel positive and does not show the arrogance of the receiver of the invitation.

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What are the merits of taking loan from commercial banks

Answers

Your Question:

What are the merits of taking loan from commercial banks?

Explanation:

With lower interest rates and flexible long-term payment plans, commercial business loans often provide the most cost-effective loan option for business owners.

( Hope this helps )

With lower interest rates and flexible long-term payment plans, commercial business loans often provide the most cost-effective loan option for business owners.

The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter

Answers

The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as

$4.3055

This is further explained below.

What is the APR interest rate?

Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.

The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.

Interest rate APR = 12%

Average balance = ((200*5)+(350*15)+(150*10))/30

Average balance = $258.33

Average balance*APR/12

Finance charge =\(\frac{258.33*20 \%}{12 }\)

Finance charge = $4.3055

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