subject
Business, 12.03.2021 15:10 CheddaDsk

a. Suppose Daryl spontaneously decides to treat all his friends to pizza, drinks, and dessert at a dine-in Italian place. He has already spent his excess cash from his paycheck so he decides to put it on his credit card and pay for it later. The total cost for the pizza for his group of friends including the tip is $149.45. His credit card has an interest rate of 21.99%. If he makes payments of $25 per month, how long it take him to pay for that spontaneous purchase

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 04:30
Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 ร— 6.716)
Answers: 2
question
Business, 22.06.2019 04:40
Select the correct text in the passage.which sentences in the given passage explains the limitations of monetary policies? monetary policies - limitationsmonetary policies are set by the central bank to bring about growth in the economy.de can be achieved these policiesw at anden i sca poit would be fair to say that changes in the economy cannot be brought about instantly by monetary po des.monetary policy can only influence not control, economic growththe monetary policy makers do work on sining the perfect balance between demand and supply of money in the economy
Answers: 3
question
Business, 22.06.2019 19:30
Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery
Answers: 3
question
Business, 22.06.2019 20:20
Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine
Answers: 1
You know the right answer?
a. Suppose Daryl spontaneously decides to treat all his friends to pizza, drinks, and dessert at a d...
Questions
question
Business, 09.04.2021 01:00
question
Advanced Placement (AP), 09.04.2021 01:00
question
Mathematics, 09.04.2021 01:00
Questions on the website: 13722367