The minimum amount of money a credit card holder must pay to keep his orher account in good standing is called the
A. billing cycle
B. finance charge
c. minimum monthly payment
O D. grace period

Answers

Answer 1
Answer:

Answer:

Finance Charge.

Explanation:

Credit card is an instrument issued by the bank that allows the holder to buy goods and services in credit . In other words , it gives the holder loan opportunity that are repayable in the future.

The bank charges a finance charge or interest rate on the amount owed based on the annual percentage rate , the amount owed and the length of repayment period . This is paid until the balance is fully offset within the grace period.

Answer 2
Answer:

Final answer:

The minimum amount of money a credit card holder must pay to keep the account in good standing is called the minimum monthly payment.

Explanation:

The minimum amount of money a credit card holder must pay to keep his or her account in good standing is called the minimum monthly payment. This is the smallest amount that the cardholder is required to pay each month in order to avoid late fees and maintain a positive credit history. It is typically a percentage of the outstanding balance on the credit card.

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During the _____ phase of the systems development life cycle (SDLC) model, an information systems designer must define the problem an organization faces, taking care not to define symptoms rather than the underlying problem. a. design
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Answers

Answer:

c. planning

Explanation:

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Answers

the communication like literal

Answer:

verbal communication

Explanation:

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Answers

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Buying and selling in more than one market to make a riskless profit is calleda. profit maximization
b. arbitrage
c. international trading
d. an efficient market

Answers

The right answer for the question that is being asked and shown above is that: "c. international trading" Buying and selling in more than one market to make a riskless profit is called c. international trading

"How does filing bankruptcy limit your quality of life?

Answers

Here are some reasons why filing bankruptcy will limit your quality of your lives :

- Bankruptcy will ruin your credit score
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Premier Co. produces park equipment and is currently producing 10,000 park benches annually. A supplier has offered to produce the bench for Premier Co. for $500 per bench. Premier Co. incurs unit-level costs of $490 per unit. Premier also spends $50,000 on product design each year and incurs $100,000 of facility-level costs. Calculate the avoidable production cost for Premier Co. to produce 1 bench.

Answers

Answer:

$5

Explanation:

If Premier Co. incurs a unit-level cost of $490 per unit

Product design cost = $50000

Facility-level cost = $100000

No of units produced annually = 10000

Product design cost/unit = $50000/10000 = $5

Facility-level cost/unit = $100000/10000 = $10

Hence total production cost per unit = $490 + $5 + $10 = $505

However, the supplier is willing to produce the bench at $500 per unit

Thus avoidable production cost for 1 bench = $505 - $500 = $5