Nora has heard that opening a lot of credit card accounts is a good way to build credit. She currently has five cards, but is sometimes forgetful in paying her bills on time and usually has a balance on each card. Her favourite store is offering a $50 coupon on her next purchase, with the promise of more coupons in the future, if she opens a credit card. She decides to open the store credit card to get the discounts.

How would Nora use the decision making steps in this scenario?

Is this a good or bad debt move? Why?

Answers

Answer 1

This is a bad move. You should work on getting a high credit score on one card not multiple.

Related Questions

A regional automobile dealership sent out fliers to prospective customers indicating that they had already won one of three different prizes: an automobile valued at $28 comma 000, a $100 gas card, or a $5 shopping card. To claim his or her prize, a prospective customer needed to present the flier at the dealership's showroom. The fine print on the back of the flier listed the probabilities of winning. The chance of winning the car was 1 out of 31 comma 248, the chance of winning the gas card was 1 out of 31 comma 248 comma and the chance of winning the shopping card was 31 comma 246 out of 31 comma 248. Complete parts (a) through (c).

Answers

Answer:

the requirements are missing, so I looked for a similar question.

a. How many fliers do you think the automobile dealership sent out?

b. Using your answer to (a) and the probabilities listed on the flier, what is the expected value of the prize won by a prospective customer receiving a flier?

c. Using your answer to (a) and the probabilities listed on the flier, what is the standard deviation of the value of the prize won by a prospective customer receiving a flier?

a) the total fliers sent out = 31,246 + 1 + 1 = 31,248

b) expected value = [(1 x $28,000) + (1 x $100) + (31,246 x $5)] / 31,248 = $5.90

c) σ² = [($28,000 - $5.90)² x 1] + [($100 - $5.90)² x 1] + [($5 - $5.90)² x 31,246] / 31,248 = ($783,669,634.80 + $8,854.81 + $25,309.26) / 31,248 = $25,080.13

σ = √$25,080.13 = $158.37

The expected rate of return on Happy Dog Soap's stock over the next year is ---------.

The expected rate of return on Black Sheep Broadcasting's stock over the next year is------.

Answers

Answer:

The first part of the question is missing, so I looked for it.

The expected rate of return on Happy Dog Soap's stock over the next year is:

= (return if market is strong x probability of strong market) + (return if market is normal x probability of normal market) + (return if market is weak x probability of weak market) = (33% x 0.25) + (20% x 0.45) + (-26% x 0.30) = 9.45%

The expected rate of return on Black Sheep Broadcasting's stock over the next year is:

same formula as before = (46% x 0.25) + (26% x 0.45) + (-33% x 0.30) = 0.133%

What are the two parts of the platform used to run application software? GUI and HCI hardware and operating system kernel and software configuration application base and operating system

Answers

Answer:

The answer is B

Explanation:

Answer:the answer is B hardware and operating system

Explanation:

Part A
In the video, what tax cut is President Obama extending?

Answers

maybe the tax cut for the middle class or the payroll tax

Answer: He is announcing an extension of a cut in payroll taxes.

Explanation: edmentum/ plato

Other Questions

HELP ITS MATH AND I SUCK AT MATH WILL GIVE BRAINLIEST :))))) I need help please thanks find x when y = 18, if y = 9 when x = 8 ASAP PLEASE please help !! will give thanks and 5 star and brainliest ! Analyzing ExpositionbdWhy then do we continue in this miserable condition?Because nearly the whole of the produce of our labour isstolen from us by human beings. There, comrades, is theanswer to all our problems. It is summed up in a singleword-Man. Man is the only real enemy we have. RemoveMan from the scene, and the root cause of hunger andoverwork is abolished for ever.-Animal Farm,Why is this passage an example of exposition?O It introduces one of the main conflicts of the novel.It introduces several main characters in the novel.O It describes the physical environment of the novel.It describes the time period in which the novel takesplace.George Orwell 1) Mettez au singulier les noms suivants (Punei la singular substantivele urmtoare): - Des globules (globule) : un globule (o globul) - Des automobiles : une automobile - Des aventures : une aventure - Des fins (capete, finaluri): une fin - Des tlgrammes : un tlgramme - Des institutions :_________________ - Des mteorites :_________________ - Des ptales :___________________ - Des rivages : _____________________ - Des richards :__________________________ Select the correct answer.Select the phrase that best completes this advice.Andr: ____, tu dols utiliser un faux prnom comme ton identifiant.A. Selon moiB. D'aprs tooC. A son avisD. D'aprs eux Please help, will mark brainliest for the correct answer Where do we see similar trends to Hellenization today? Hurry Plz Delphi Company uses job-order costing. It applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the year, Delphi estimated that it would work 37,000 machine-hours and incur $222,000 in manufacturing overhead cost. The following transactions were recorded for the year: a. Raw materials were issued for use in production, $367,000 ($345,000 direct and $22,000 indirect). b. Employee costs were incurred: direct labor, $309,000; indirect labor, $44,000; and administrative salaries, $155,000. c. Factory depreciation, $175,000. d. Selling costs, $140,000. e. Manufacture overhead was applied to jobs. The actual machine hours for the year were 35,000 hours. a. Compute the total manufacturing overhead cost applied to jobs during the year. There are 12 students in the gym class. If 4 students can sit on 1 bench, how many benches are needed for all students ? A 4-pack of museum tickets costs $30.28. What is the unit price? HURRY PLEASE!!The particles of solids are packed together tightly, so sound waves travel faster through solids than through liquids or gases. How do light waves differ from sound waves?A. Light waves require a medium and travel fastest through liquidsB. Light waves require a medium, but travel fastest through a vacuumC. Light waves do not require a medium, but travel fastest through solidsD.Light waves do not require a medium and travel fastest when in a vacuum A gallon of gas costs an average of two dollars is Betty spends $144 a month on gas determine how many gallons of gas she uses a month A relationship between living things that depend on the sameresources at the same place and at the same time is called what happens to the wave length and frequency of a wave as it crosses a different medium and speeds estimate the answer for 1 2/3 x 5 1/10 (type a whole number hey! i dont get this questionbut if you do it would be nice if u could help me! :)) Which of the following is the easiest way to provide a constant reminder of safety information to workers?showing workers a video immediately after hiretelling workers regularly about ways to handle emergenciesdisplaying posters and flyers for workers to readgiving workers a detailed handbook to read How many moles of H2 are needed to produce 24 moles of NH3? What was the main reason that the Aztecs became very powerful in the fifteenth century?A. They controlled the commercial trade in a vast area.B. They created new products to trade with other groups.C. They controlled the routes used to trade with the Spanish.D. They imported new trade goods from the Europeans.