Sarah has decided that she never wants to go into debt. Therefore, she only uses her
debit card and cash for purchases. The store where she is planning to purchase a dining
room set charges a 15% annual interest rate for all store credit card purchases. If Sarah
saves up the cash and uses her debit card to purchase her new $1,200 dining room set,
how much will she have to pay in interest?

Answers

Answer 1

The amount that Sarah will have to pay as interest will be $180

Based on the information given, the following can be depicted:

Cost of dining room set = Principal = $1200

Interest rate = 15%

Time = 1 year

The simple interest will be calculated using the formula:

= PRT/100

= (1200 × 15 × 1) / 100

= 18000/100

= 180

Therefore, based on the calculations above, the interest that'll be paid by Sarah is $180.

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Related Questions

Fong, a member of Toronto's Amazon Employees for Climate Justice explains "as employees we are supposed to challenge leadership on what we think is morally right…I don't strike out of of sense of guilt or obligation to anyone else. I strike because I care about this cause and I want to continue to be proud of the organization to which I dedicate my time." Fong likely scores high on which commitment(s) towards his job?

Answers

Answer:

ask a teacher

Explanation:

❗WILL GIVE BRAINLYLEST❗Susan Works for a company that values their employees meetings deadlines and finding ways to keep the cost of doing business low. What quality standard does Susan's company value?
.

A. Efficiency
B. Diversity
C. Accountability
D. Workplace Safety​

Answers

Answer: A: efficiency

Explanation:

your welcome

Susan works for a company that places a high importance on meeting deadlines and finding ways to keep operating expenses to a minimum. Therefore, option (A) is accurate.

What do you know about Diversity factor?

Due to this dependency or "diversity" in time, the diversity factor acknowledges that the whole load is not equal to the sum of its parts. In a facility with 10 20-ton air conditioners, for instance, the average full load equivalent running hours per year would be 2000.

It is unknown exactly when each unit goes on because they are all thermostatically controlled. The likelihood of fewer than all ten units turning on simultaneously increases if the ten units are significantly more than the facility's actual peak AC demand.

Thus, despite the fact that each unit works for a total of 2,000 hours each year, they do not all turn on at once to operate.

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what level of market coverage is typically used for products like honest tea beverages?

Answers

The level of market coverage that is been utilized in marketing some products such as honest tea beverages is Intensive distribution

Intensive distribution can be regarded as form of marketing strategy whereby a company tries to sell its product using small vendor and at times  big store.

It  helps in the creation of brand awareness of the product which later result to higher sales. This method is been used fir products such as soft drinks, cigarettes.

Therefore, Intensive distribution utilize retailers in distribution of goods

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According to the GLOBE (Global Leadership and Organizational Behavior Effectiveness) project, it has been found that: Multiple Choice Chinese managers prefer structures with more hierarchy and less equality. Chinese managers typically score lower than their Argentine and U.S. counterparts in the area of uncertainty avoidance. Chinese managers tend to value assertiveness significantly more than managers from Argentina. Chinese managers are open to loose restrictions.

Answers

Judging based on the information from the GLOBE (Global Leadership and Organizational Behavior Effectiveness) project, it has been found that: "Chinese managers prefer structures with more hierarchy and less equality."

This is evident in the research made by GLOBE showed that the Chinese generally have a high Power Distance Index (PDI).

Power Distance Index is one of the five major qualities of cultural dimensions.

A country with a high power distance index like China means they are a society that adopts an unequal, level distribution of power.

They also believe that people need to know their role or position in the system.

Hence, in this case, it is concluded that the correct answer is option A. "Chinese managers prefer structures with more hierarchy and less equality."

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what are the four invoices used in foreign trade?​

Answers

Explanation:

airway bill.

hope it helpful for you

what is one primary difference between determining cost of goods sold with a periodic system rather than a perpetual system?

Answers

Answer: With a periodic system, cost of goods sold is calculated only once at the end of the period. In contrast, with a perpetual system, cost of goods sold is recorded each time a sale is made.

Explanation:

the primary concerns when first starting your business are:

Answers

The primary concerns when first starting your business are: financing and planning

anderson oil often assigns employees to travel and work abroad on international projects. however, anderson oil leaders understand that travel is more difficult for employees with disabilities, so employees who require special accommodations for their jobs do not receive international travel assignments. is anderson oil engaging in workplace discrimination?

Answers

Considering the situation described above in the question, Anderson oil is engaging in workplace discrimination.

This is because this situation is often described as an example of disparate treatment, and it is considered intentional or unlawful discrimination.

Given that Anderson Oil deliberately treats employees with disabilities differently, it is considered disparate treatment, a form of discrimination.

Hence, in this case, it is concluded that the correct answer is Yes; Anderson Oil is engaging in work placement discrimination using a disparate treatment strategy.

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a company has a $10,000 cash balance per its books. the bank statement has a balance of $9,580. the bank reconciliation included $800 of deposits-in transits, $500 of checks outstanding, a $100 nsf check from a customer, and a $20 bank service charge. given the above reconciling items, the up-to-date cash balance equals:

Answers

The company's updated cash book balance should equal $9,880.

Data and Calculations:

Balance as per cash book = $10,000

Bank Statement balance = $9,580

Deposits not yet credited by the bank = $800

Checks outstanding = $500

NSF check = $100

Bank service charge = $20

Updated Cash Book

Balance as per cash book     $10,000

NSF check                                    (100)

Bank service charge                     (20)

Updated cash book balance $9,880

Thus, the company's updated cash book balance is $9,880 after taking into account, the NSF check and the bank service charge.

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in the past, kohl’s has been losing sales to amazon. why then would it enter into a partnership with one of its most fierce competitors?

Answers

Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

Partnership is basically the coming together of two of more companies or individual with a common goal.

Let bear in mind that Partnership is different from Acquisition or Merger because each owner is entitled to their share of profit.

Through this partnership, Kohl's and Amazon will both benefit from the arrangement.

Currently, Kohl's has a large number of physical stores which Amazon has no access to. So therefore, Kohl's will benefits from Amazon's strong online customer base.

Therefore, Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

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the british economicst ______________ demonstrated in 1817 that even though one nation held an absolute advantage over another in the production of each of two different goods, international trade could still be a positive-sum game in which both countries benefit.

Answers

Answer:

David Ricardo

Explanation:

trevon, owner of a hotel in miami, is negotiating an executive lodging agreement with a major corporation that would keep his hotel at 70% occupancy at all times. to land the deal, trevon’s hotel needs lots of updates to its furnishings and amenities within the next six weeks. given the time constraints and the many decisions to be made, trevon will likely employ:

Answers

In order to make the right decisions that will ensure that his hotel is up to standard, Trevon should hire a Management Consultant.

The purpose of a management consultant is to:

Help a business make better decisions Improve efficiency Help with problem solving

Trevon needs an expert that is capable of making the best decisions to ensure that his hotel gets the necessary upgrades that it needs to appeal to the major corporation.

Management consultants will be able to do this as they are trained in helping companies become better. We can therefore conclude that Trevon needs a management consultant.

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gross domestic product is the sum of the market value of the:

Answers

Answer:

The Gross Domestic Product measures the value of economic activity within a country. Strictly defined, GDP is the sum of the market values, or prices, of all final goods and services produced in an economy during a period of time.

Explanation:

accumulated depreciation and depreciation expense are classified, respectively, as

Answers

Answer:

Expensive, contra asset

Explanation:

who is likely to be in favor of a price ceiling on a good?

Answers

Answer:

A vast majority of Democrats and a few Republicans. On this recent vote, 11 Republicans voted with the Democrats.

You work at the Barnacle Boutique, and you are preparing to offer a class in which customers will hand-dye silk scarves using modern ebru techniques. According to the document, you will need: acid dyes and food coloring. vinegar and powder dye. acrylic paints and water. tissue paper and heat. natural earth pigments and pinewood.

Answers

I just don’t wanna believe it you have a baby and I’m not trying it to hurt my life

future value computations are often referred to as

Answers

Answer:

Discounting

Explanation:

Future value computations are often referred to as. - Discounting.

unlimited liability as it relates to sole proprietorships is the risk of loss of assets beyond the assets of the business.

Answers

The risk of loss of assets beyond the assets of the business is referred to as unlimited liability. It is one of the characteristics of a sole proprietorship.

A sole proprietorship is a form of business organisation is which only person owns the business.  

Characteristics of a sole proprietorship

it is owned by one personthe business has unlimited liability. It means that the owner of the business is liable to the liabilities her business.  the business usually lacks continuity. this type of business usually ceases to exist when the owner dies.

Advantages of sole proprietorship

It is easy to establish.  The business owner has complete control over the business.  

Disadvantages of sole proprietorship

The lifespan of the business is often limited to the lifespan of its owner. The owner has an unlimited liability.

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The legal form of business ownership in which owners have limited personal accountability for the debts and dealings is a
Limited Liability Company
sole proprietorship
Partnership
Corporation

Answers

Answer:

Limited Liability Company

Explanation:

how much halloween candy is sold in the us each year?

Answers

Answer:

According to the Huffington Post, Americans purchase nearly 600 million pounds of candy each year for Halloween

Explanation:

liabilities are generally classified on a balance sheet as

Answers

Liabilities are classified as Current Liability and Non-Current Liability on the Balance sheet.

Liability is an accounting term used to represent debts and obligations which the business owes to others.

Examples of Liability includes Wages payable, Supplies payable, Owed Loans, Notes payable, Income taxes payable, Mortgages payable etc

However, under the balance sheet, Liability are classified into two sections and includes the Current Liability and Non-Current Liability.

The Current liabilities are known as Short term liabilities because they are liabilities that are due and payable within one year.

The Non-current liabilities are known as Long-term liabilities because they are liabilities that are due after a year or more.

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What is one request a borrower can make of a lender if they know they will never be able to pay their full debt?

A. The borrower can ask for fees and penalties to be eliminated.

B. The borrower can ask for a reduction of the interest rate.

C. The borrower can ask to be absolved of some of the debt.

D. The borrower can ask for the monthly payment to be reduced.​

Answers

The one request a borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.

What happens if the borrower fails to repay the loan?

A loan is known to be a kind of money that is borrowed for a length of time and it is known to be a non-performing asset (NPA).

When the repayment is  overdue, the lender can seize the asset of the borrower and when a  borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.

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Answer:

C. The borrower can ask to be absolved of some of the debt

Explanation:

how does selling shares on the stock exchange benefit companies?

Answers

Answer:

to raise revenues

Explanation:

hope i helped

Which of the following is an example of capital loss?

Answers

what are the options?

Final Review
Which of the following is not a type of discrimination?
A. Racial
B. Gender
C. Religious
D. Supervisor/Employee
Submit

Answers

Answer:

D: Supervisor/Employee

The correct option is D. Supervisor/Employee is not a type of discrimination.

Employers are not permitted to discriminate against job applicants on the basis of their race, color, religion, or sex. Unfair treatment or harassment can take many different forms, some of which include spreading false information about you. being unjust to you.

What is constructive discrimination?

Unfair treatment can occur when a regulation or practice mistakenly singles out a certain group of individuals. "Constructive" or "adverse effect" discrimination is the term used to describe this kind of inadvertent bias. As an illustration, one business mandates that all male employees have clean-shaven faces.

As it relates to policies, programs, employment, and services offered by any organization, systemic discrimination refers to the practices, routines, and organizational culture that, frequently without intention, result in less favorable outcomes for minority groups than for the majority of the population.

You must take action if your boss' actions and crude remarks pose a threat. Speak with the human resources division of the business. If nothing changes after that, you might even think about complaining about your supervisor and the business to the labor department in your state.

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Identify a true statement about export arrangements in the context of initial division structure. Multiple Choice If a company has a narrow product line, the export manager will head a separate department and often report directly to the president. Firms can reduce the risk and size of investment in establishing significant international operations using an export arrangement. Manufacturing firms with technologically advanced products usually avoid an export arrangement as a first choice. If a company has a broad product line, the export manager usually reports directly to the head of marketing and international operations are coordinated by this department.

Answers

A TRUE statement about export arrangements identified in the context of initial division structure is B. Firms can reduce the risk and size of investment in establishing significant international operations using an export arrangement.

Export arrangements help firms to manage their initial entrance into international trade.  A firm with a narrow product line does not require a separate department.

Firms with advanced technological products do not avoid export arrangements.  Firms with broad product lines do not have the export manager reporting to the Head of marketing because a separate export department is usually created to cater for international operations.

Thus, the true statement is B because export arrangements help firms to reduce risks.

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which country parades first during the olympics opening ceremony

Answers

Answer:

Greece always enters first.

The modern Olympic Games began in Athens in 1896. So Greece gets the honor of starting in the Parade of Nations.

A student loan is money a person borrows in order to:A: purchase a new house.B: buy luxury goods.c. pay for college tuition.D. pay off existing debt.

Answers

A student loan is money a person borrows to pay for college tuition

A student loan is money a person borrows in order to pay for college tuition. Hence, option C is correct.

What is student loan?

A student loan is a loan that is given to students expressly to assist them in paying for higher education, like university. Typically, the loan is divided into two portions: one for maintenance fees and the other for tuition.

Yes, there is normal debt, albeit some lenders impose penalties for early repayment. Yes, there is student debt, and fortunately there are no early repayment fees. You should, however, consider whether it is worthwhile to pay off your debt early.

From the day the Student Loans Company sends your first payment to you, your university, or your college, interest is charged every day until your loan is fully repaid or cancelled.

Thus, option C is correct.

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a company that allows you to license software monthly to use online is called

Answers

Answer:

marketable service product

Explanation:

A company that allows you to license software monthly to use online is an example of. ... A company that allows you to license monthly to use online is an example of what these companies consider to be a “marketable service” product.

how do you find your claimant id number for unemployment

Answers

Answer:

The Claimant ID can be found in the upper-right of the UI Finding letter, as well as other letters received from IDES. Fraud victims can use the information from a fraudulent UI Finding letter to report the case to IDES.

Explanation:

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