User Account

All Pages

How much did you pay the third month

Assignment Help Business Economics
Reference no: EM132264147

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: EM132264147

Questions Cloud

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.
Describe the organization products and services : Compile the work you have completed throughout the course to develop a 10 page marketing plan that supports the goals of a strategic plan for a real-world.
Addressing worker safety and environmental protection : One of government introduces regulations addressing worker safety and environmental protection, it affects businesses and consumers. Businesses face
Consider the current state of these subsystems : This is especially true in bigger cities, where there may be more of a reliance upon individuals from outside of the area because of a shallow recruitment pool.
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?
The forensic discipline of fingerprint analysis : Even though each fingerprint is unique, there are three main patterns that that the print will be categories as - loop, arch or whorl.
Imports of magnesium from china and russia : Who are the losers? Are these duties in the best national interests of the United States?
What specific social media tool did hamilton and miranda use : What specific social media tools did Hamilton and Miranda use? Given the target consumers, why did they use these? How important are people and personalities.
Calculate the firms current and quick ratios : Calculate Everdeens 2015 earnings per share - Calculate the firms current and quick ratios for each year. Compare the resulting time series for these measures

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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