timia needs some cash in a hurry. she owns her car outright and is considering a title loan. the lender has told timia that she could borrow $1750 for 1 month and the fee would be $140. what is the apr on timia’s loan? assume 12 equal months.

Answers

Answer 1

The annual percentage rate on Timia's loan can be calculated using the percentage interest formula. Hence, the APR on her loan is 96%

Recall :

Simple interest = principal × rate × time

Principal = $1750Interest = $140

Time = 1 month = 1/12 = 0.083333

Plugging the values into the equation :

140 = 1750 × rate × 0.0833333

140 = 145.83333 × rate

Rate = 140 ÷ 145.83333

Rate = 0.96

He, the annual percentage rate on the loan is 96%

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Related Questions

how do i comment on a question

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Answer:

click the three dots in to the corner then press comments.

If your on mobile you should see like 3 dots and if you click in them and then click comments you should be able to

If your on pc go to under the question and you should be able to comment there as well.

which best describes how raytheon creates value for its customers?

Answers

Raytheon was known to create a customized solutions by connecting with customers directly and understanding their unique needs. The best description of how Raytheon creates value for its customers is that Raytheon offers bespoke solutions for their needs

Value creation for customers entails giving them good and essential products and services that the customers will find worthy of their time, energy and money.

A customers find value in .product or service that benefits their need rather than its cost.

To add value to customers, one must:

Offer discounts.

.Gratitude and gifts for cooperation.

Free trials etc.

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A cell phone manufacturer uses a famous pop singer to advertise its product to teenagers. The company is relying on _____ route persuasion.

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Answer:
Is Peripheral

What are the three (3) main goals for a market economy?
A. Growth, High Employment, Price Stability
B. Hight Demand, High Employment, Price Stability
C. Growth, High Demand, Price Stability

Answers

Answer:

A) Growth, High Employment, Price Stability

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When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of

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When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of Brand extension.

A brand extension or brand stretching involves a company using one of its product brand names on a new product. The new product is known as a spin-off.

This method increases the new brand sales.

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how is economy affected by wise consumers?​

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Consumer spending affects the economy, even a slight reduction could damage the economy.

Consumer spending is the amount of money spent by individuals and houses on the final goods or services for personal use in an economy. This includes all types of goods whether durable or non-durable goods.

When the spending is reduced by the final consumer, it would result in the following:

The demand for goods decreasesBusinesses to go bankruptWorkers laid offTaxes to reduce

The government would then have to rely on the following:

ExportsBorrowings

Ultimately, the growth of the economy would slow down. And if this continues then the economy would contract.

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true false Title VII of the Civil Rights Act prohibits job discrimination on the basis of income.

Answers

it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.

The Civil Rights Act (1964) is a Federal law that prohibits the discrimination of people on the basis of race, color, religion, sex etc

The Title VII of the Civil Rights Act provides that "the legislation prohibits employment discrimination based on race, color, religion, sex and national origin".

The The Civil Rights Act (1964) does not proivide leglslative on the basis of Income of an individual

Therefore, it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.

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PLEASE HURRY-ITS AN IMPORTANT EXAM AND I'M STUCK ON THIS QUESTION THAT'S PROBABLY HONESTLY UPER EASY!!!! Self-management refers to how an individual organizes their time and work tasks so that they also have opportunities to engage in self-care.

True

False

Answers

Answer:

i think its true

Explanation:

Answer:

true

Explanation:

self meaning me myslef or I management meaning organized or put together.

When Burger World considered adding Italian beef to its menu, the company made the sandwiches available in some of its more established markets to determine customer reactions. That process is called

Answers

This process that Burger World embarked on in order to test customer reactions is known as Test Marketing

Test Marketing:

Involves a limited release of a new product Is done to check how customers will react to the product

If customers like the product then the company will start producing it in a higher quantity because it means that the product will likely be successful.

In conclusion, Burger World was engaging in Test marketing.

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For internal record keeping, most companies carry their inventory using the _____ basis. Multiple choice question. LIFO FIFO average cost specific identification

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For internal record keeping, most companies usually carry their inventory by using the inventory cost flow method that's known as LIFO.

LIFO simply means last in, first out. It's a method of account that's used to account for inventory. Under this method, the cost of the most recently bought goods are expensed first.

It should be noted that companies typically use LIFO because it realistically matches the current cost of an inventory with the current revenue that it produces.

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an employer requires a college degree to work in any position in the company. what part of title vii could apply?

Answers

Title VII is known to be against employment discrimination using race, color, religion, sex and national origin.

The part of Title VII that could apply is Disparate treatment.

Disparate treatment is simply regarded as a form of unlawful discrimination in US labor law.

The United States ensure that unequal behavior toward someone because of a protected characteristic are statef under Title VII of the United States Civil Rights Act.

It is very a common type of discrimination. An example is when be an employer giving a certain job to all of the men who apply for a job but to none of the women.

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the return an investor in a security receives is ______ _____ the cost of the security to the company that issued it.

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Securities are known to be fungible and tradable financial tools that are employed to raise capital in public and private markets. the return an investor in a security receives is equal to the cost of the security to the company that issued it.

Three forms or types of securities exist. They are:

Equity: This type of security gives an individual ownership rights to holders.

Debt: This are important loans repaid within a set payments.

Hybrids: this is composed of some aspects of debt and equity.

A Security is commonly described as a financial asset or tool that is of economic importance and can be bought, sold, or traded. Examples are stocks, bonds, options, mutual fund shares etc.

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When Clorox introduced bleach in a no-drip bottle, the firm was taking action consistent with its product being in the ____ stage of the product life cycle.

Answers

Answer:

maturity

Explanation:

A firm estimates its average total cost at 90 units of output to be $15. If the firm can sell all of its output at a market price of $5, what is its total profit

Answers

Answer:

435

Explanation:

5(90)=450-15=435

An initial investment of $14,000 is appreciated for 14 years in an account that earns 12% interest, compounded semiannually. Find the amount of money in the account at the end of the period.

Answers

Answer:

344

Explanation:

duh ifc! hope it helped

In bankruptcy, a(n) _________ is the representative of an estate and has the capacity to sue and be sued on behalf of the estate.

Answers

The administrator or executor is representative of an estate which has the capacity to sue and be sued on behalf of the estate.

In bankruptcy, the administrator or executor is the representative whose responsibilities is to possess the asset, pay creditors and distribute the remaining assets or other beneficiaries of the bankrupted company.

Usually, the administrator and executors are appointed when the bankruptcy of a business is declared and ascertained.

Therefore, the administrator or executor acts as representative of an estate which has the capacity to sue and be sued on behalf of the estate.

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If the seller (located in Cincinnati) is responsible for all costs of a shipment from Cincinnati to Houston, the shipment will be labeled:

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If the seller (located in Cincinnati) is responsible for all costs of a shipment from Cincinnati to Houston, the shipment will be labeled: FOB Houston.

FOB which full meaning is freight on board means that the seller has shipped the goods to the buyer.

Hence, the seller is no longer in the possession of the goods but the buyer because the transfer of ownership has taken place from the seller to the buyer.

In this case the buyer is responsible for any costs or  damages that occur during shipping because the goods are now in the control of the buyer.

Based on the information given since  the seller (located in Cincinnati) is responsible for all costs of a shipment from Cincinnati to Houston, the shipment will be labeled FOB Houston as the buyer is located in Houston.

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The Big Outdoors, a specialty store that sells adventure sports gear, employs one salesperson per customer. Each salesperson is trained to influence customers to purchase other items related to the products they have purchased. In this scenario, The Big Outdoors is using ______ as its marketing strategy.

Answers

Based on the information given the Big Outdoors is using suggestion selling as its marketing strategy.

Suggestion selling is a marketing strategy that enables customers or buyers to purchase other related products or goods.

Most companies or organizations makes use of suggestion selling to increase sales and to create products awareness.

The salesperson will often use this sales technique on buyers after they might have purchased a product  by suggesting more or other products to the customers that is related to the ones the customers  purchased.

Inconclusion the Big Outdoors is using suggestion selling as its marketing strategy.

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Answer:

B. Suggestion Selling

Explanation:

Took the Test

you manage the worksheet shown below that contains a list of employees and a list of building numbers. the employee list is 1500 rows of data. what is the easiest way to sort the employee list without affecting the building number list?

Answers

The easiest way to sort the employee list without affecting the building number list is by using the data sort function.

There are several programs for creating tables and managing data. One of them is Microsoft Excel, in this program, you can integrate, manage, organize, save and modify data.

In the situation where I manage a list of employees and a list of building numbers of about 1500 data and I need to organize them without affecting the other lists, I must follow the following steps.

Select the list that I want to organize, for example, column B.I click on the data option and then on the order option. At that moment, a warning will appear telling you that I have more data in my table (in this case the list of building numbers) and it will ask if I want to include it in the organized action.I mark the option to Continue with the current selection and I give it to order.At this moment another window opens where they give me different options to organize my data, for example alphabetically from A to Z or from Z to A, or I can customize it.Subsequently, I give it order and the list organizes the data as I wish.

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Incumbent firms prefer to focus on incremental innovations which reinforce their established organizational structure and power distribution and avoid radical innovation that could disrupt their existing power distribution. This is known as

Answers

Organizational inertia is simply known to be the ability or strength of an organization to create internal changes in the midst of an important external changes. This is known as Organizational inertia

An organization inertia often increase or takes place step by step in the organization's actions. The organization therefore suddenly reacts based on past experiences and strongly resists against changing.

It is the ability of a mature organization to still stand on its main trajectory. This inertia is made up of two elements. They are resource rigidity and routine rigidity

Incumbent firms favor incremental innovation over radical innovation because radical innovation often obstruct or disturb the existing power distribution that takes place in the firms.

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When a firm finances new investments, it may set up accounts payable with suppliers, but the balance that the firm must supply is called the investment in net capital.

Answers

When firm finances new investments, then set up accounts payable with suppliers, in which the balance that the firm must supply is called the investment in net "Working" capital.

This is because investment in net working capital is when the capital remains when the current liabilities are removed from the current assets.

The net working capital can be any of the cash, accounts receivable, inventory, and short-term investments or a combination of any of these elements.

The net working capital can be used to pay debts or invest in the growth of the company.

Hence, in this case, it is concluded that the correct answer is "Net Working Capital."

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how did cotton cultivation transform the physical landscape of the south?

Answers

During the early nineteenth century, as the Market Revolution opens in a new window transformed the American economy of the North and West, the South was undergoing a different transformation

For nearly two centuries, southern plantations had focused on producing tobacco, rice, and sugar for national and international markets. Tobacco quickly exhausted the soil, as did cotton, which was so time consuming to process that it was hardly profitable as a cash crop. In the late 1700s, when enthusiasm for liberty was high and profits from slavery were low, some observers predicted that the institution would soon die out altogether in the United States

Assume that you pay $2,849. 84 in state property taxes every year. If your property has an assessed value of $41,302, what is your state’s property tax rate? a. 0. 077 b. 0. 032 c. 0. 014 d. 0. 069 Please select the best answer from the choices provided A B C D.

Answers

Answer:

D

Explanation:

2849/41302=.06897971014, which equals .069

Which person will be least likely to have trouble getting a loan?
O A. Danielle has a credit score of 600.
B. Chris has a credit score of 650.
O C. Billie has a credit score of 690.
D. Eufrat has a credit score of 560.

Answers

The person that will least be likely to have trouble getting a loan is Billie has a credit score of 690.

What is a credit score?

In a credit report, the score is usually between 300 & 850 and tells about a consumer's creditworthiness.

Because Billie has a credit score of 690, its shows the extent of his creditworthiness of credits.

Therefore, the Option C is correct.

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besides the u.s. dollar, what is the only major currency to feature bills all of the same size?

Answers

Answer:

Canadian dollar - Bills are often differentiated by size for the visually impaired. Larger denominations in Australia, for instance, are both taller and wider with strong contrasting colors. Euros also follow this logic, while larger notes – like the €200 and €500 – feature tactile marks too. The U.S. and Canadian dollars are currently the only major currencies with same-size notes. The Canadian dollar, however, features tactile marks on the upper righthand corner of bills, and the notes are also different colors to aid the visually impaired. While most other countries are ahead of the U.S. in making their currencies more accessible for the visually impaired, that may soon change with a new proposed $10 bill that would be the first U.S. dollar to feature tactile markings.

Annual Percentage Rate (APR), credit limit, and penalties and fees are important to consider when _____.

Answers

Important factirs to consider when applying for a credit card include APR, credit limit, penalties and fees. Hence, the missing phrase should be credit card.

Credit cards allows individuals to make purchases and spend up to a certain amount and then pay later.

These offer comes with regulations such as interest, limit which can be spent on the card, penalties for defaulting on payment.

All these differs based on financial institutions as some are more flexible than others.

Hence, the factors mentioned above should be considered when applying for a credit card.

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I am confused here. Help me, tomorrow is my exam. Is tailoring a secondary activity or tertiary? Bcoz a tailor also makes suits etc and also fixes them. For example if my coat has a cut, the tailor will repair it.​

Answers

I think it might be tailor

Hello student

Answer:

Tailor is tertiary activity of economy

Explanation:

because it makes service not manufacturing goods and items.

Penny has been using the same brand of shampoo since her mother first bought it for her. She switches to another brand after her favorite actress endorses it. Which principle of influence does Penny's action illustrate

Answers

Based on the information the principle of influence that Penny's action illustrate is authority.

Authority is a principle that can influence a person to act in accordance with people in that are in a higher position or people that has the authority to make vital decision.

Based on the information given Penny's action illustrate Authority because she trust the actress based on her status.

Penny's  believe that the actress is more reliable because she has endorse the brand and she felt complying with the actress will lead to a more  favorable result that using the brand her mother first bought for her.

Inconclusion the principle of influence that Penny's action illustrate is authority.

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what is bankaccount​

Answers

Answer:

Kung san mo Tatago pera mo

Explanation:

commonsense

What should a company or organization do to minimize any negative buzz surrounding its event?

Answers

Answer:

A hashtag can help event marketers create buzz because it creates a live conversation for fans. All the information and opinions of others is easily accessible for anyone to interested to look at and even join and that creates the buzz.

A company or organization to minimize any negative buzz.  A negative comment on the object can be lethal, especially if your business is being weapon down by influential persons or (t) witter users. Even with that in mind,

What is the organization?

An organization is a group of people who work together, like a neighborhood social activity, a charity, a union, or a business firm. You can use the word organization to refer to a group or business.  An official group of people, for example, a governmental party, a business, a charity, or a club.

As an organization there are various methods are being there to minimize any negative buzz,  A negative comment on an object can be lethal, especially if your business is being weapon down by influential persons or  (t) witter users.

Therefore, the conclusion for  A negative comment on the organization can be lethal,

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