1. If you're using the Snowball Method, which debt do you focus on made all of your minimum payments? Options:
A. Highest balance
B. Lowest interest rate
C. Lowest balance
D. Highest interest rate

2. If you're using the High Rate Method, which debt do you focus on first after you've made all of your minimum payments ?
A. Lowest interest rate
B. Highest interest rate
C. Highest balance
D. Lowest balance

3. If the High Rate Method makes the most mathematical sense, why do you think someone might use the Snowball Method instead?
A. it saves more money in interest
B. it increases the number of debts you have to repay
C. It increases the number of monthly payments you need to make
D. It is behaviorally motivating

4. Regardless of which method you choose , why is it important to pay at LEAST the monthly minimum payment on every debt ?
A. Your credit history is erased and you have a "thin file".
B. Federal and state governments can increase your taxes if you don't make the minimum payment.
C. You will have to pay tees and your credit score will decrease.
D. Your credit score will increase by at least 30 points.

Ajewelry direct sales company pays its consultants based on recruiting new members. question 1 options: the company is running a pyramid scheme, which is illegal. the company is running a pyramid scheme, which is legal. the company has implemented a legal and ethical plan for growth. the company uses this method of compensation to reduce the fee for the product sample kit.

Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.

Selected t-account balances for bloomfield company are shown below as of january 31, which reflect its accounting adjustments. the firm uses a calendar-year accounting period, but prepares monthly accounting adjustments.suppliesjan. 31 bal. 1,800 1,800 jan. 31 bal.supplies expensejan. 31 bal. 1,920 1,148 jan. 31 bal.prepaid insurancejan. 31 bal. 1,148 1,148 jan. 31 bal.insurance expensejan. 31 bal. 164 164 jan. 31 bal.wages payablejan. 31 bal. 1,400 1,400 jan. 31 bal.wages expensejan. 31 bal. 6,400 6,400 jan. 31 bal.truckjan. 31 bal. 17,376 17,376 jan. 31 bal.accumulated depreciation -truckjan. 31 bal. 5,068 5,068 jan. 31 bal.a. if the amount in supplies expense represents the january 31 adjustment for the supplies used in january, and $1,240 worth of supplies were purchased during january, what was the january 1 beginning balance of supplies? $answerb. the amount in the insurance expense account represents the adjustment made at january 31 for january insurance expense. if the original insurance premium was for one year, what was the amount of the premium, and on what date did the insurance policy start? amount of the premium $answerthe policy began on answerjune 1july 1august 1september 1october 1november 1 of the previous year.c. if we assume that no beginning balance existed in either in either wage payable or wage expense on january 1, how much cash was paid as wages during january? $answerd. if the truck has a useful life of four years (or 48 months), what is the monthly amount of depreciation expense, and how many months has bloomfield owned the truck? answermonths