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jeka94
2 years ago
5

Go online or visit a financial institution to find information about three credit cards. Some credit cards offer incentives, suc

h as miles toward a free flight or 1 percent back on every dollar you spend. Research information about annual fees, APR, and incentives that credit cards offer. Write two paragraphs of 200 words total, one paragraph about the three credit cards you researched, and one paragraph stating which credit card would be best for you and why.
Business
2 answers:
Gnom [1K]2 years ago
8 0

Credit Karma is a good website to find the credit card just right for you, they offer help with looking for the best personal credit card for you. They offer credit cards with incentives, no annual fees, and even bonuses. Capital one quicksiver card peaked my interests for its bonuses and no fees.

Leto [7]2 years ago
5 0

Capital one quicksiver card offers unlimited 1.5% cash back on every purchase, every day, no rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn 0% intro APR on purchases for 15 months; 16.24% - 26.24% variable APR after that. The no-annual-fee Chase Freedom unlimited credit card pays an unlimited 1.5 percent cash back on all qualifying purchases and it is automatic, a $150 cash sign-on bonus when you spend $500 within the first three months. American Express Cash Magnet credit card offers unlimited 1.5% cash back on your purchases, cash Back is received in the the way of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.  

 

The Chase Freedom unlimited credit card would be the best for me. Why it would be the best for me is because its has no-annual-fee  and you get 1.5 percent cash back on all qualifying purchases and it is automatic, another reason why this is the best card for me is because it gives you a $150 cash sign-on bonus when you spend $500 within the first three months. This is why this credit card is the best for me.

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Do “rules of the game” promote or prevent opportunism?
dexar [7]

Answer:

promote I think

6 0
2 years ago
Squirrel Co. operates in a lean manufacturing environment. For June production, Squirrel purchased 6,000 units of raw materials
valina [46]

Answer:

At the time of purchase of raw material inventory,

Raw material inventory account will debit and accounts payable account will credit.

Therefore, the Journal entry for this transaction is as follows:

Raw Materials Inventory Account    Dr. $36,000

To Accounts Payable                                           $36,000

(To record the purchase of raw material on account)

Workings:

Raw material Inventory = Units of raw material purchased × Price per unit

                                       = 6,000 × $6

                                       = $36,000

3 0
2 years ago
If an adjustable-rate 30-year mortgage for $120,000 starts at 4.0 percent and increases to 5.5 percent, what is the increase in
Lelu [443]

Answer:

The increase in the monthly payment amount is $180

Explanation:

In order to calculate the increase in the monthly payment amount we would have to make the following calculation:

increase in the monthly payment amount=installment increase-installment

installment=(loan amount/1,000)*rate of interest

installment=($120,000/1,000)*4

installment=$480

installment increase=(loan amount/1,000)*rate of interest

installment increase=($120,000/1,000)*5.5

installment increase=$660

increase in the monthly payment amount=$660-$480

increase in the monthly payment amount=$180

The increase in the monthly payment amount is $180

7 0
2 years ago
Joyce Murphy runs a courier service in downtown Seattle. She charges clients $0.50 per mile driven. Joyce has determined that if
Liono4ka [1.6K]

Answer and Explanation:

The computation is given below:

1.

Given that

Charges per mile = $0.50

Variable Cost per mile driven = $0.20

Fixed Cost = $215

So,  

Contribution Margin per mile = Charges per mile - Variable Cost per mile driven

$0.50 - $0.20

= $0.30

Break-even units (in miles) = Fixed Cost ÷ Contribution Margin per mile

= $215 ÷ $0.30

= 717 miles

2.

Revenue for 4,200 miles is

= $0.50 × 4,200

= $2,100

And,

Variable Cost = $0.20 × 4,200

= $840

Now

Contribution Margin = Revenue - Variable Cost

= $2,100 - $840

= $1,260

And,

Fixed Cost = $215

So,

Net Income = Revenue - Variable Cost - Fixed Cost

= $2,100 - $840 - $215

= $1,045

So,  

Degree of Operating Leverage = Contribution Margin ÷ Net Income

= $1,260 ÷ $1,045

= 1.2057

3.

Degree of Operating Leverage = % Change in Net Income ÷ % Change in Sales

1.2057 = % Change in Net Income ÷ -25%

1.2057 = % Change in Net Income ÷ -0.25

% Change in Net Income = -0.301425

= -30.1425%

8 0
2 years ago
Tammy can buy an asset this year for $1,000. She is expecting to sell it next year for $1,050. What is the asset’s anticipated p
prisoha [69]

Answer:

The asset’s anticipated percentage rate of return is 5%

Explanation:

Rate of return is the annual return that an investor earns on an Initial investment in an asset.

RatReturn on Asset = Expected selling price - Initial Purchase price

Return on Asset = $1,050 - $1,000

Return on Asset = $50

Rate of return = Return on Asset / Initial Purchase price = $50 / $1,000 = 0.05 = 5%

6 0
2 years ago
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