All of the following are fees typically charged by credit card companies EXCEPT:A Late payment fee
B Balance transfer fee
C Annual membership fee
D Reload fee

Answers

Answer 1

Answer: A reload fee is a fee that is charged to a prepaid card because you are loading funds onto the card when you have them available. The reload fee applies to cards in which the cash is "real" versus chargining to a credit card to pay at a later time. The credit card company will charge a late fee, balalnce transer fee and some will charge a membership fee.

Answer 2

Answer:

The correct option is D.

Reload fee is not charged by the credit card companies.

Further Explanation:

Credit card:

Generally, Credit card is issued by financial institutes such as banks. Credit card is a plastic card that allows the cardholders to borrow the funds from the respective bank and then spend the funds as per their requirements. A credit card can be used for the purchase of goods and services. Generally, credit card has a specific limit. It is known as a line of credit (LOC). The cardholder can withdraw or use the funds up to the LOC. The cardholder has to pay the borrowed amount along with the interest on the borrowed funds after a specific period of time, which is defined and stated at the time of issuing the credit card.

Reload fee:

Reload fee is charged on the prepaid cards (debit cards). When the balance in the account comes to a minimum level, the accountholder requests the banker to refill his debit card. Bank refills the debit card by charging a small fee. That fee is called reload fee.

Therefore, reload fee is not charged on the credit card. It is charged on the debit card.

Learn more:

1. Learn more about the credit card utilization

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2. Learn more about maintaining the high credit score

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3. Learn more about various approaches to increase the credit score

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Answer details

Grade : Senior School

Subject : Business Studies

Chapter : Money and Banking

Keywords: fees, typically, charged, credit card, companies, except, late payment fee, balance transfer fee, annual membership fee, reload fee.

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Aurora Corporation operated without insurance coverage for the first month of 2019. Then, on February 1, 2019, the company paid the $4,800 premium on a two-year insurance policy with benefits beginning on that date. The company uses the accrual basis. How much insurance expense will be reported on the company's income statement for the year ended December 31, 2019? a) $200 b) $2,200 c) $4.600 d) $4,800

Answers

Answer:

Correct answer is letter B, $2,200

Explanation:

Using accrual basis method, revenue and expenses will be recognized when incurred.

The $4,800 is a 24 months policy, therefore we must compute the insurance expense applicable for the year covering from February 1 to December 31 (11 months)

An adjusting entry to recognize the expire portion of the insurance must be done at the year end in the amount of $2,200.

($4,800 / 24 months = $200 x 11 months = $2,200)

Examine the method that fnb (first national bank )can use to compete with other banks in south Africa

Answers

Hey there

There are many ways First national bank can compete with others. One way is to reduce the interest. The lower the interest the more people will come there. Have more branches that are open for more hours then others so if people need money they can come to you.

A notable method that FNB uses to compete favorably with other banks is its low bank fee and bonus programs.

What is FNB?

FNB, also popularly known as First National Bankis one of the top banks in South Africa that drives its market through innovation and a good reward system to keep its customers.

Incentivising customers has proven to be an effective way to engage customers in business.

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Cindy wishes to arrange her coins into $X$ piles, each consisting of the same number of coins, $Y$. Each pile will have more than one coin and no pile will have all the coins. If there are 13 possible values for $Y$ given all of the restrictions, what is the smallest number of coins she could have?

Answers

Answer:

144

Explanation:

Final answer:

To find the smallest number of coins Cindy could have with 13 possible divisors, we use prime factorization. The smallest total will be 2 raised to the 12th power, which is 4096.

Explanation:

The question refers to the concept of divisors in mathematics. The number $Y$, as the number of coins in each pile, takes the role of a divisor on the total number of coins. The problem specifies 13 possible values for $Y$, meaning that the smallest number of coins Cindy could have is the least number with 13 divisors.

Prime factorization can help solve this problem. The number of divisors a number has depends on its prime factors. For a number to have 13 divisors, its prime factorization needs to take a certain form. Since 13 is a prime number, one form it could take is that of a prime number raised to the 12th power (since the formula to calculate divisors is to add 1 to the powers of the prime factors and multiply the results).

The smallest possible number Cindy could have is therefore 2¹², which equals 4096.

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HTML documents are created by adding what to text

Answers

From what I remember, HTML documents are created by adding C.Tags to the text

Among the most effective ways to increase sales of an online service is to offer some form of free trial for users to experiment with before they purchase the full service. The benefit of such a practice is to encourage sales in individuals who would not buy the product without having tried it first.Which of the following is best supported by the information given above?
A. The number of people who see the free trial as an acceptable replacement for buying the online service is not greater than the number of people who buy the online service because of their experience within the free trial.
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E. Online services that are easily adapted to free trial versions sell better than do online services that are not readily distributed as free trials.

Answers

Answer:

Option D

Explanation:

When providing an online service, a company firstly targets to reach the maximum audience. With the increase in reach of audience the chances and feasibility of sales also increases.

But, still there are many customers who desire to have a free trial of service, in order to ensure themselves about the quality and detailed description of service.

In case company agrees to provide free trial, those customers are also satisfied and tend to avail the online service.

Thus, although the sales is directly proportional to the number of visitors, but it would definitely increase by providing the free trial of online service, as ensures more satisfaction in customers.

Final Answer

Option D

When delivering a 60-second commercial in an interview, you should NOT: a. Keep the commercial concise b. Play a recorded version from your phone c. Tailor the commercial to the employer d. Focus and polish the content

Answers

When delivering a 60-second commercial in an interview, you should NOT play a recorded version from your phone. Correct answer: B

This self commercial used in job interviews is also called "elevator speech," and is used to advertise your strengths, in a short span of time. The goal of this commercial is to provoke the interviewer to ask more question about yourself.

Answer:

Play a recorded version from your phone

Explanation:

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