How much did you pay the third month

Assignment Help Business Management
Reference no: EM132262134

You have a credit card that charges 18% per year interest or 1.5% per month. Interest is charged at the beginning of the month. You buy a TV for $1500 on the credit card, but at the end of the month you only pay $100. You continue to pay $100 the next month. You pay the entire balance in the third month.

How much did you pay the third month?

How much total interest did you pay over the three months?

Reference no: EM132262134

Questions Cloud

Discuss the concept of departmentation : Discuss the concept of departmentation, and apply it to a hospital, a nursing facility, and a small freestanding ambulatory center.
What is the price level : Using the quantity theory of money, suppose that this year's money supply is $50 billion, nominal GDP is $1 trillion, and the real GDP is $500 billion.
Worker safety and environmental protection : One of government introduces regulations addressing worker safety and environmental protection
What are water life-supporting properties : Using yourself as an example of a living organism, mention any five properties of living organisms. What are water's life-supporting properties?
How much did you pay the third month : How much did you pay the third month? How much total interest did you pay over the three months?
Suppose you have drawn simple random : University X has 20,000 students. Suppose you have drawn a simple random sample of 600 students from University X.
Propensity to consume equals : Suppose the propensity to consume equals 0.83. Given this information, which of the following events will cause the largest decrease in output?
Explain the platform strategy behind actions : Explain the platform strategy behind these actions by Microsoft, Nintendo and Sony.
What actions to you recommend that marcia take : Here’s a case about Ranek, Inc. What actions to you recommend that Marcia take?

Reviews

Write a Review

Business Management Questions & Answers

  Environmental scanning strategy formulation

The assignment is a paper pertaining to Microsoft's Go to Market Strategy for Azure in India. It must discuss Microsoft in India, Information Technology in India pertaining to Mcrosoft Azure and the impact of cloud computing.

  Many websites are dedicated to franchise opportunities

Many websites are dedicated to franchise opportunities, and the Small Business Administration (SBA) also provides

  Difference between a movement along and shift

What is the difference between a movement along and shift of the demand curve? Show the affect on the equilibrium price and quantity that result from: (1) an increase in demand, (2) an increase in supply, and (3) an increase in both supply and ..

  Customers into the markets shown below

Specifically, assume it can segment its customers into the markets shown below. Assuming it can only set a single price in each market.

  Which of the given is nota current challenge to om

Which of the following is nota current challenge to OM? Which of the following is the correct sequence describing the evolution of operations management?

  What are vicarious liability and bribability

What are advantages and disadvantages of technology in the workplace? What are telecommuting, Thick consent and Thin consent?

  How do businesses use this kind of information

How do businesses use this kind of information, which concept do you think is most useful, and why?

  Illustrate factor should it consider in making that decision

Where do you think Toyota should put its next plant in North America, and illustrate factors should it consider in making that decision?

  Question for university commercialization

Universities offer many options for entrepreneurs to grow technologies into businesses. While universities can be a great source for technologies, doing business with them can be challenging. Despite these challenges, there are unique opportunitie..

  What is meant by a sales promotion trap or spiral

What is meant by a sales promotion trap or spiral? Evaluate the promotional war that has developed in the fast-food industry as of various competitors promote their $.99 or dollar menus.

  Strategy paper that a business organizational leader

For this assignment, you will provide a comprehensive optimization strategy paper that a business organizational leader should consider when improving pricing

  Difference between the two types of treatments

This data will be used to test the claim that there is a difference between the two types of treatments. What are the hypotheses for this test?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd