Credit card debt and tries to pay

Assignment Help Finance Basics
Reference no: EM13829967

Maggie has $1,000 worth of credit card debt and tries to pay the minimum balance each month. Sometimes she pays a few days late or forgets to pay at all. But she knows that won't affect her credit score because she's just a college student.

Reference no: EM13829967

Questions Cloud

Most beneficial form of monopoly advantage : If the demand for a monopoly's output shifts rightward, the change in quantity produced is not predictable because. The situation where one person's demand for a good depends on the consumption of the good by others is called. Which of the following ..
Arithmetic average return : Found an asset with a 14.30 percent arithmetic average return and a 10.58 percent geometric return. Your observation period is 25 years. What is your best estimate of the return of the asset over the next 5 years? 10 years? 20 years?
Use a form of implicit cooperation called price leadership : Some oligopolies use a form of implicit cooperation called price leadership, which is legal in the US. Why do you think these firms try to engage in this practice? And why does price leadership often fail?
What will be the annual payment be : You have borrowed $50,000 at an interest rate of 12%. Equal payments will be made over a three-year period. The first payment will be made at and of the first year. What will be the annual payment be?
Credit card debt and tries to pay : Maggie has $1,000 worth of credit card debt and tries to pay the minimum balance each month. Sometimes she pays a few days late or forgets to pay at all. But she knows that won't affect her credit score because she's just a college student.
Capita real gross domestic product : From 2006 to 2010, per capita real gross domestic product (GDP) in Poland grew an average of 4.71% per year. At that rate, according to the Rule of 70, in roughly how many years will the Polish economy double in size?
How technological advance can contribute to economic growth : Define economic growth, and explain what it means in terms of standards of living. Explain how a technological advance can contribute to economic growth. Why do institutions such as private property rights promote economic growth?
High risk for identity theft : The close quarters of most college dormitories means college students are at a high risk for identity theft.
Illustrate the interaction between different forces : Explain how the six external forces could combine/integrate together to have more complex effects on changes in the workplace. For example, technological changes could accelerate reorganization of work. Give some real examples to illustrate the inter..

Reviews

Write a Review

Finance Basics Questions & Answers

  Methods of capital budgeting analysis techniques

Describe his working capital practices, including his methods of capital budgeting analysis techniques.

  If the cost of capital is 5 per annum what is the discount

if the cost of capital is 5 per annum what is the discount factor for a cash flow in two

  Represent the return on your investment

In a mutual fund 401(k)that you have through work, you notice that for every dollar you invest, your firm also invests a dollar. You are able to invest up to 5 percent of your yearly income,

  Based on your analysis would you recommend an individual

based on your analysis would you recommend an individual invest in this company? what strengths do you see? what

  Calculate the next expected dividend per share

Assume that the past growth rate will continue. Round your answer to the nearest cent. What is Radon's cost of equity, rs?

  How many may he purchase using a margin brokerage account

Ehud Katz anticipates that the price of Trinity Technology stock will go up. Its current price is $55.50 per share and he has $3,330 to invest. How many shares may he purchase with a cash brokerage account?

  Determine the maturity risk premium

A thirty-year U.S. Treasury bond has a 4.0 percent interest rate. In contrast, a ten-year Treasury bond has an interest rate of 3.7 percent. If inflation is expected to average 1.5 percentage points over both the next ten years and thirty years, d..

  What is the current price of the stock

what is the current price of the stock? b) how much is the PVGO ( pesent value of growth opportunity) if the expected long-run dividend growth rate is 8 percent?

  Determine the consequences of this transaction

Your firm is cash-based. Ignore any income tax implications. Determine the consequences of this transaction for each of the following.

  For assets that are marked to market indicate where the

munger.com began operations on january 1 2006. the company reports the following information about its investments at

  Write the equation expressing the present value

Julie Orzabal deposits $5,000 in a savings account offering 5.125 percent compounded daily. Assuming she makes no further deposits, what will be the balance in her account after 5 years?

  Now suppose that ttcs period of supernormal growth is to

taussig technologies corporation ttc has been growing at a rate of 20 percent per year in recent years. this same

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd