Rodney owes $1,541.05 on his credit card. His card has an APR of 16.29%, compounded monthly. Assuming that he makes no payments and no purchases, how much will he owe after one year?
a.
$1,561.97
b.
$1,811.70
c.
$1,792.09
d.
$1,541.05



Please select the best answer from the choices provided


A
B
C
D

Answers

Answer 1

Answer:

b. $1,811.70

Explanation:


Related Questions

Explain how short-term profitability affects pricing.

Answers

A business which focuses too much on short term profitability may not be able to make future necessary expenditures to stay competitive.

On July 1, 2020, Dobbs Co. pays $14,400 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. Journalize and post the entry on July 1 and the adjusting entry on December 31 for Kalter Insurance Co. Kalter uses the accounts Unearned Service Revenue and Service Revenue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order

Answers

Answer:

July 1,2020

Dr Cash $ 14,400

Cr Unearned Service Revenue $ 14,400

December 31,2020

Dr Unearned Service Revenue $ 2,400

Cr Service Revenue $ 2,400

Explanation:

Preparation of the journal entry for July 1 and the adjusting entry on December 31 for Kalter Insurance Co

Based on the information given the journal entry for July 1 will be :

July 1,2020

Dr Cash $ 14,400

Cr Unearned Service Revenue $ 14,400

(Being to record Unearned Service Revenue )

Based on the information given the Journal entry for December 31,2020 will be :

December 31,2020

Dr Unearned Service Revenue $ 2,400

Cr Service Revenue $ 2,400

[ ( $14,400 / 36 Months) * 6 ]

(Being to record Service revenue earned)

Note that 3 years will give us 36 months (12month*3) and July 1,2020 to December 31 will give us 6 months.

what is the importance of identifying target markets?​

Answers

Answer:

Identifying a target market allows marketers to focus on those most likely to purchase the product. Limiting the population funnels research and budgets to the customers with the highest profit potential

Identifying a target market helps your company develop effective marketing communication strategies. A target market is a set of individuals sharing similar needs or characteristics that your company hopes to serve. These individuals are usually the end users most likely to purchase your product.

Which of these is most closely associated with an economic recession? *
1.an increase in stock prices
2.an increase in consumer spending
3.a decrease in the demand for labor
4.a decrease in the minimum wage

Answers

Answer:

3. a decrease in demand for labor

Explanation:

Economic recession is associated with the significant loss of economic activity. The economic activity includes like Goss domestic production, income, industries and wholesale.

The recession may be for the short and long term and be followed by a raid r a slow recovery. Such as economic slowdown after the corona affected nations and indirectly affected the wages and salaries of the workers and laborers.

Hence the option 4 is correct.

Learn more about the these are most closely associated with an economic recession.

brainly.com/question/3978009.

What is the best playlist in spotify for juice wrld?

Answers

Answer:

Blastoff (feat. Juice Wrld & Trippie Redd)Internet Money, Juice WRLD, Trippie Redd • B4 The Storm.

Explanation:

that one ok

Answer:

Juice wlrd playlist

by spotify it shows many of his biggest hits

Explanation:

The game hides the amount of cookies-per-second a new "vendor" (the grandmothers, the cookie farm, the mines, etc.) will grant you until you have purchased your first unit of that upgrade. How did that affect your strategy? How is that similar or different from what real businesses confront when creating a business plan?

Answers

Im not sure what that will be

For 1 How does grandma have so many cookies??? For 2 if i eat 555 cookies then imma have diabetes. and for 3 there really is no way to find this out. The only way to find out how many cookies there is now it to see how much cookies there were before and you cant do that without seeing how much is in there now. Its a catch 22.

Explanation:

Caitlyn has worked in HR for Clearwater Electronics for more than 20 years. She has found that many employees are now more concerned with working in an environment where they can grow personally than with their level of compensation. How can Caitlyn and the HR department best provide opportunities for their employees to grow?

Answers

Answer:

A) HR can provide training and development activities to help employees improve.

Explanation:

In a work environment where employees prioritize personal growth, it is necessary for the human resources department to implement training and development strategies for employees.

The focus on training and organizational development allows companies to develop diagnoses, discover the potential of employees, correct errors, reorganize the work according to the potential of each employee, etc., which makes the work more satisfying, more productive because it motivates and increase employee satisfaction, in addition to being essential for the development of creativity, innovation and differentiated skills.

The best way that Caitlyn and the HR can best provide opportunities for their employees to grow is through the provision of training and development activities to help employees improve.

This question obviously tells us that the employees are less concerned about the pay they receive compared to the growth that they can attain personally.

A way that would help them to attain the growth in their job is through trainings and other development activities.

These would help them to learn new skills and also get better at their jobs.

Read more on https://brainly.com/question/19089510?referrer=searchResults

What does the Fair Credit Reporting
Act focus on?
A. The borrower's rights in regard to their credit
report.
B. The bank's ability to change customer's credit
reports.
C. The government's ability to see an individual's tax
forms.
D. The lender's rights in hiding loan information.

Answers

B

:) hope this helps

When a formula is cut and pasted or moved without copying, what will Excel do by default?

Answers

Answer:

Excel will automatically change the cell address to reflect the destination location.

Explanation:

Reason being that if you cut and paste it in another cell, the worksheet formular will be unchanged

Answer:

A.) Excel will maintain references to the same cells used in the original formula.

Explanation:

I just got this answer on edg!

Hope this helps have a good day. :)

How much candy is in 30 bags? there are 10 pieces of candy each

Answers

Answer:

300

Explanation:

10/30=300

Next Saturday, best friend, Sol, and I will have separate acts in a citywide talent contest. But we've just made a _____ with each other that will help us from feeling jealous if one of us wins and one loses. We've decided that if one of us wins, that person will share the prize money with one another.

Answers

Answer:

truce

Explanation:

Here is the full question :

Next Saturday, my best friend. Sol and I will have separate acts in a citywide talent contest. But

we've just made a _____with each other that will help us from feeling jealous if one of us

wins and one loses. We've decided that if one of us wins that person will share the prize money

with the other one.

Which word BEST completes the sentence?

truce

alliance

treaty

pact

A truce is an agreement between people to stop fighting for a limited.

Sol and his best friend made an agreement that would stop them from fighting

A pact is an agreement between people

Answer:

Truce (that the correct one).

Explanation:

The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.

Answers

Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.

Explanation:

You deposit $1,500 in a bank where you have a savings account. The bank
pays you an interest of 5% per month. But later, the bank reduces the
interest rate from 5% to 3%, and that reduces your interest earnings from
$75 to $45.
What kind of risk explains the given situation?

Answers

Interest rate risk

Interest rate risk is the risk that arises for fixed-rate investments from fluctuating interest rates. How much interest rate risk a fixed-rate investment has depends on how sensitive its price is to interest rate changes in the market.

Who was probably the most famous anonymous source in 20th-century journalism?

Answers

Answer: Deep Throat. I know it may sound weird but that’s the answer

Explanation: Hope this helps

One of the purposes of market segmentation is to determine the best customer for the service or product and then to target that group
through marketing.
True
False

Answers

Answer:

true

Explanation:

what is the element of demography ​

Answers

Answer:

Demographics can include any statistical factors that influence population growth or decline, but several parameters are particularly important: population size, density, age structure, fecundity (birth rates), mortality (death rates), and sex ratio (Dodge 2006). We introduce each of these in turn.

Explanation:

Brainliest PLZ

1. The person who operates a business
under the name of the owner.​

Answers

Answer:

Franchise

Explanation:

A franchise is someone who uses the name, logo and design of an existing company. I think it's the same thing

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