redit card
In general, a credit card lets you make purchases for which you are billed later. Most credit card accounts allow you to carry a balance from one billing cycle to the next. However, you will usually have to pay interest on that balance. You likely also have to pay at least a certain amount of your balance each time you receive a bill.
Charge card
A charge card is a specific kind of credit card. The balance on a charge card account is payable in full when the statement is received and cannot be rolled over from one billing cycle to the next. American Express and Diner's Club are two well-known organizations that offer charge cards.
So what does this mean for your FICO® score? There are many ways to build one's FICO score over time. Credit cards in general have a strong influence on the FICO score calculation. Charge cards can be just as effective as any other credit product in helping consumers establish a credit history.
Whether you have a credit card or a charge card, the most important factor in building or improving your FICO score is using credit responsibly. That means paying your bills on time and using your credit only when needed. If you can do those things consistently, you should be well on your way toward maintaining a good score.
Possibly the answer could be “goods”
Answer:
$101,495.20
Explanation:
The comparable property value with compound interest
The formula for calculating future compound values
FV = PV × (1+r)n
In this case:
PV = 98,500
r =0.3% the interest rate per month
n = 10 compound periods
FV = 98,500 x (1+ 0.3/100)10
=98,500 x (1.003)10
=98,500 x 1.030408
=$101,495.20
Explanation:
The journal entry to record the uncollectible is shown below:
On December 31
Bad debt expense $800
To Allowance for doubtful debts $800
(Being the bad debt expense is recorded)
The computation is shown below:
= Sales × estimated percentage - credit balance of doubtful accounts
= $280,000 × 0.5% - $600
= $1,400 - $600
= $800
Answer: The power of positive energy and motivation
Explanation: A positive energy can be defined as the group of characteristics that a individual desires in himself or herself like enthusiasm, optimism etc.
Motivation can be defined as the method by which an individual can be made to feel positive and be made to achieve his or her goal effectively .
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In the given case Daisy indirectly made Derrick feel motivated by bringing positive energy through her encouraging conversation with him.
