Explain how using a credit card can be similar to
getting an interest free loan

Answers

Answer 1

Answer: Credit cards can easily work as a short-term loan, but cards that offer 0% APR for a limited time have the potential to be “free.” The key to using a credit card as an interest-free loan is making sure you can pay every cent of your balance off before your card's introductory offer ends.

Explanation:


Related Questions

why is decsion necessary​

Answers

Do you mean decision?

A firm has the following sales figures: Year 2011: $2.1 million. Year 2012: $2.3 million. Year 2013 $2.5 million. Year 2014 $2.2 million. Year 2015 $3.1 million. Using the naive approach, determine the forecast for next year's sales. A. $3.2 million. B. $3.1 million. C. $3.4 million. D. $2.5 million

Answers

Answer:

3.1 million

Explanation:

naive approach assumes that your projected data point is just your most recent one

because we have 3.1 million last year we assume that it's going to be that this year

Please pick one of your favorite or least favorite brands and go to its website. Please evaluate the website according to 7 C's: context, content, community, customization, communication, connection, and commerce. Please summarize whether you consider the website effective/ineffective and what recommendations you would make to the brand in improving the website.

Answers

*insert smart answer*

how does Quickbooks online use smart learning?

Answers

Answer:

Quick Books Online uses smart learning in its reconciliation tool to help find any rogue transactions by recognizing if transactions have been excluded erroneously from bank feeds. Because bank feeds includes all transactions of bank account. What 2 reasons might mean a transaction needs to be excluded in bank feeds?

Explanation:

Quickbooks online use smart learning by : Recognizing if transactions have been excluded erroneously from bank feeds.

Quickbooks is an accounting software that assist businesses manage their income and expenses. The software also keep track of the financial health of the business.

The possibility of recognizing if transactions have been excluded erroneously from bank feeds is evident in usage of quickbooks online.

The software help to track customer profitability from the consolidated data of customers and suppliers in a detailed way, which allows for greater analysis and decision-making.

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Credit score is used to determine your financial worth ?

Answers

The higher the score, the better a borrower looks to potential lenders. A credit score is based on credit history: number of open accounts, total levels of debt, and repayment history, and other factors. Lenders use credit scores to evaluate the probability that an individual will repay loans in a timely manner.

Answer:

Explanation:

I live in Canada.

I have been told that my credit score is quite high. That's because I don't live beyond what I can pay for with this month's paycheck. I don't think anyone would judge my net worth by my credit score. In fact, bank loans won't think of stopping at credit rating. They (in Canada at least) would never think of giving out a loan whose repayment    per month exceeded 1/3 of my paycheck.

Maybe I just have a tough bank, but I certainly agree with their policy.

When a manager speaks to an employee, the employee pays the most attention to: Nonverbal communication Verbal communication

Answers

In American business culture, when a manager is speaking to an employee, the employee should pay more attention to Nonverbal communication.

When an employee is talking to a manager:

The manager will not give complete instructions The manager will expect the employee to take some sort of lead

The only way the employee will be able to know these things is by paying attention to the nonverbal communication cues of the manager.

In conclusion, employees pay more attention to nonverbal communication.

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how can we manage tour from Heathrow Airport to London?

Answers

Answer:

Heathrow Airport, originally called London Airport until 1966 and now known as London Heathrow, is a major international airport in London, England. With Gatwick, City, Luton, Stansted and Southend, it is one of six international airports serving the London region.

Explanation:

hope it's help

Label each of the statements as either true or false. Each label can be used more than once.

a. Informative advertising can include information about price, quality, and/or availability.
b. When a company spends a lot on advertising it is signaling that it expects that its product will be successful in the marketplace.
c. Advertising as part of the product includes information about price, quality, and availability.
d. Advertising as part of the product is used to persuade us to consume the good or service with little or no information about the product.

Answers

It is true that informational advertising can include information about price, quality and availability, as this type of advertising aims to inform the customer about the product's characteristics.

When a company spends a lot on advertising, it is a sign that it expects its product to be successful in the market, as advertising is capable of boosting a product, generating a desire to buy and creating value for the product.

Advertising as part of the product includes information on price, quality and availability and is characterized as informational advertising.

Advertising as part of the product is used to persuade us to consume the good or service with relevant information about the product, so that the consumer knows its features and benefits, and decides to make the purchase.

So the options are:

a. TB. Tc. Td. F

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Describe marketing tactics that the credit industry uses to trick people into getting into debt.

Answers

Considering the credit industry analysis, the marketing tactics that the credit industry uses to trick people into getting into debt include offering lower introductory APR rates.

Other marketing tactics that the credit industry uses to trick people into getting into debt include the following:

Appealing to people's social conscience Incentives and rewardsEncouraging youth cultureUsing celebrity personality as ambassadorCreating points that don’t provide strong merchandise choicePromoting the desire to spend money on your family.

Hence, in this case, it is concluded that there are various ways in which the credit industry tricks people into debts.

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What is known as assets? ​

Answers

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.

Mark Brainliest please

When Mexico suffered from capital flight in 1994, Mexico's net capital outflow a. and net exports decreased. b. and net exports increased. c. increased while net exports decreased. d. decreased while net exports increase

Answers

Answer:

B. and net exports increased

Explanation:

can someone solve this case?
TIA

Answers

Answer:

a

Explanation:

Assuming that Brandt entered into a forward contract to sell 10 million South Korean won on December 1, 2020, as a fair value hedge of a foreign currency receivable, what is the net impact on its net income in 2020 resulting from a fluctuation in the value of the won

Answers

The net impact on its net income in 2020 resulting from a fluctuation in the value of the won is : $250 decrease in net income.

First step is to calculate the Discount on forward contract

Discount on forward contract=[($0.0035 − $0.0034) × 10 million

Discount on forward contract=$0.0001 × 10 million

Discount on forward contract= $1,000

Second step is to amortized the Discount on forward contract

Amortization of discount on forward contract=$1,000 / 4 months

Amortization of discount on forward contract=$250 per month

Based on the above calculation foreign exchange loss of the amount of $250 will be recognized on December 31, 2020.

Therefore the net impact on its net income in 2020 resulting from a fluctuation in the value of the won is a decrease of $250.

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Solo wants to store her tax returns, her will, and her budget in a location where she can quickly retrieve these records for review and revision.
What is the MOST logical thing for Solo to do with these records?
ОА
Place them in a paid storage facility.
ОВ.
Don't store them; they should be shredded.
Ос.
Save them to a computer file.
OD
Store them in a safe deposit box.

Answers

OD is the logical one in my opinion

Answer:

Save them to a computer file.

Explanation:

Just took the test, and this is the answer.

Contingent liabilities are only recognized if they arise from past events. Group startsTrue or False

Answers

The question which asks if contingent liabilities are only recognized if they arise from past events is:

False

According to the given question, we are asked to see that we need to find out if contingent liabilities are only recognized if they arise from past events or whether there are other factors involved.

As a result of this, we can see that contingent liabilities has to do with a liability which can occur later in the future and which the finance can be adequately estimated or calculated, such as a potential lawsuit which could lead to an out of court settlement.

Therefore, the correct answer is False

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Identify THREE factors you would take into account when scheduling an appointment for an executive who is travelling to Madrid next month.

Answers

1. The budget

2. The traveler's flight preferences

3. If the executive's passport is valid and will not be expiring in the near future.

Compare your results to the industry ratios and describe what NMC should do to improve its position in the market.

Answers

Answer:

sorry need points ok.

Explanation:

sorry talaga ha

pero wag kayong magalit

ayaw kasukowag kang magalitnever angry

One of the major methods of problem solving used by economists is:
a. intuition
b. custom
c. holistic approach
d. the marginal approach

Answers

custom

In a simple answer, look at the study of economics, supply/demand, efficient pricing, lowering costs, etc. Now, take those into real world situations and APPLY the to solve the problems that every business has. The problem anyone dealing with economics, government, businesses, institutions have. Apply the economic theories, you will find that life in an office and the classroom can have different problems. Companies tend to be good at the very big stuff; raw materials, manufacturing, sales. Even there they can make improvements. But they spend a lot on transportation, communications, human resources. These things can be improved upon. Apply what you learned to real life problems and solve them.

Most people do not select a place of residence based on: A. lifestyle B. needs C. values. D.attitudes E. credit score

Answers

It is generally uncommon for people to decide a place of residence based on E. credit score

When people look for places to stay, they think about their:

Lifestyle and what house it suits that Their needs from a place Their values and whether the place would support them Attitudes towards what kind of place they should live

People only think about the credit score when it comes to paying the rent of the place or being able to buy it. It is generally not a factor when selecting a place of residence initially.

In conclusion, most people do not select residence based on credit score.

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What might Sony and the U.S. government done differently to discourage future such attacks on other U.S. organizations

Answers

There are different things Sony and the U.S. government might do differently to discourage future attacks on other U.S. organizations. Some of the things to do include "carrying out situational awareness of the networks."

Other things they might need to do includes the following:

Training and educating their personnel.

Sony and U.S. government need to cooperate on cyber security.

Identify and share cyber information relating to threats and attacks among companies and international organizations.

There should be legislation to safeguard the stakeholders involved in protecting cyberspace from violating privacy and civil liberties when conducting their work.

Hence, in this case, it is concluded that there are various credible means Sony and the U.S. government might discourage future attacks.

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Over the last three years, Christmas tree prices have increased from an average of $35 per tree to over $75 per tree. How would a Christmas tree farm and the overall industry respond to the price change under the following circumstances

Answers

The Christmas tree farm would respond by:

In the short run, producers are going to earn profits and also increase their supply of the product.

This is what usually happens whenever there is an increase in the prices of goods in the supply side of the market.

As the prices would go up, the producers would want to take advantage of the increases to make as much gain as they can from the market.

This is only short term profit. Therefore the supply is going to be inelastic. The demand is only going to available for a short while.

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The​ ________ tells managers how much of the overall variance is due to paying a higher or lower price than expected for the quantity of materials it purchased.

Answers

Direct labor rate variance

what are the source of law ?

Answers

Sources of law are the origins of laws, the binding rules that enable any state to govern its territory. The term "source of law" may sometimes refer to the sovereign or to the seat of power from which the law derives its validity.

hope it helps

As a company moves a customer through the purchasing process, the percentage of prospects changes. Which stage of the AIDA process has the smallest percentage of prospects associated with it

Answers

Considering the situation described above, the stage of the AIDA process that has the smallest percentage of prospects associated with it, "the action stage."

AIDA is a model that is used in marketing to evaluate the process in which consumers go through before making a purchase decision.

The AIDA model is an acronym for Attention, Interest, Desire, and Action.

Of all the different stages in the AIDA, the Action Stage is considered to have the smallest percentage of prospects.

This is because prospective consumers might go through the other stages without actually taking action, which is a purchase.

Hence, in this case, it is concluded that the correct answer is "The action stage."

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Answer:

the correct answer is "The action stage."

Explanation:

Brainliest if you answer help

Answers

Answer:

probably 2...............

Which of the following statements is TRUE?

O The interest rate on your savings account will remain the same as long as you keep the account open.

O You can choose the interest rate on your savings account, but only once per year. O The interest rate on your savings account will vary over time and be set by the bank.

O The interest rate on your savings account will vary over time and be set by the government.

Answers

Answer:

Third one....The interest rate on your savings account will vary over time and be set by the government

Earn interest at a norminal rate.

How can a bank help Millennial and Gen Z consumers plan to start a family?

Answers

A bank can help Millennial and Gen Z consumers to plan to start a family by:

Giving out mortgage loans to them

According to the given question, we are asked to show the role a bank can play in helping Millennials and Gen Z generations to start their own family.

As a result of this, we can see that Millennials are people who are considered to be within the age bracket of 25-40, while Gen Z are people who are considered to have been born during the social media and internet age and are usually between the ages of 24 and below.

With this in mind, Millennials have likely started up their own family and the Gen Z are likely just coming out of college. Hence, a bank can help both generations to start up their family by giving them mortgage loans and other financial benefits.

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The ability to take initiative in the workplace is called

A. adaptability
B. communication
C. leadership
D. problem solving

Answers

The answer is C, Leadership.

The ability to take initiative in the workplace is called leadership.

Thus, the correct option is C.

What do you mean by Leadership?

The capacity to influence and direct followers or other members of an organization is referred to as leadership.

Competent, skilled, secure, and caring leaders excel in their positions. These leaders are honest and authentic in their behaviors and words, and they make time for everyone. They publicly communicate to their staff that they value people.

They are crucial traits to possess because a competent leader can inspire his or her team to work together toward a common objective by bringing out the best qualities in each person.

In order to prevent delays, a skilled leader keeps the group engaged and on task. A productive and happy work atmosphere is fostered by leaders who are transparent and honest.

Transparency with team members is essential for an effective leader, making it one of their essential traits. Many people, including team members and coworkers, look up to an effective leader.

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I’m the speech “I have a dream” by Martin luther king jr. did he Use of verbal signposts to create coherence?

Answers

Answer:

yes

Explanation:

he did to attract customers

Which of the following is NOT a duty imposed on partners?

a.
- Disclosure of full information.

b.
- To account for benefits received.

c.
- Good faith.

d.
- Fidelity (where the partner enters a partnership in another, unrelated, industry).

Answers

Answer:

to account for benefits received

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