What Are Some Reasons To Have A Credit Card?

list ten different ways you will use your credit.

Answers

Answer 1

Answer:

1 Boost your credit history and score

2 Internet purchases

3 Emergency money

4 Rewards

5 History of purchases

6 No fear of loss or theft

7 Interest free money

8 Merchant protection

9 Insurance on purchases

10 Convenient when traveling


Related Questions

How are college costs different based on the type and location of the school you choose as well as
your room and board arrangement?

Answers

Answer:

If you choose a private university, chances are your tuition is going way up. Prestigious university with accredited programs can also be a bit pricey. Same thing goes for Ivy league schools. Community colleges are relatively inexpensive anywhere you go. Universities in big cities often have a higher tuition if you're considering location. Room and board arrangements differ. If you choose to live on campus in a basic dorm the expense won't be too bad. Colleges could also have the option of off campus housing which is way more expensive and they have different rooms you can choose from. Meal plans are also included in room and board so that's something to consider.

Explanation:

why banks pay lower interest rates on savings accounts than on certificates of deposits.

Answers

Answer:

See below

Explanation:

Savings accounts are more common than certificates of deposits. Banks do not restrict customers on the number of withdrawal and deposits per period in a savings account. Banks consider savings account very liquid because a customer can withdraw their money anytime. Due to this reason, savings accounts attract low-interest rates.

Certificate of deposits, CDs have withdrawal restrictions. In this type of account, the customers agree to keep their money in the bank for a specified period. Banks offer a higher interest rate to encourage customers to keep their money in the account for the agreed duration.

2. Inputs and outputs Van's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Van's very tiny kitchen has barely enough room for the four ovens in which his workers bake the pizzas. Van signed a lease obligating him to pay the rent for the four ovens for the next year. Because of this, and because Van's kitchen cannot fit more than four ovens, Van cannot change the number of ovens he uses in his production of pizzas in the short run.

Answers

Answer:

The question is incomplete, but I guess its about variable and fixed inputs. In this case, Van's workers are considered the variable input  since Van can hire or fire workers in the short run. While the ovens are fixed inputs, since Van cannot change the number of ovens due to space and legal limitations (lease contract).

The short run or the long run are not specific time frames, it is not like current or non-current assets or liabilities. The short run refers to a time period where a business can only change certain inputs, e.g. labor or hours worked. While the long run refers to a time period where a business can change all of its inputs. I.e. in the long run, all costs are variable.

E.g. If Van's lease contracts (restaurant and ovens) expired in 6 months, and he was then able to get a new place and enter new contracts, then the long run would be in 6 months. But under the current conditions, the long run is 4 years since that is when the lease contracts expire.

Answer ASAP
An entrepreneur wants to start a bakery. He wants to make a sales forecast for his first six months in business, so he obtains the sales records for all the successful bakeries in his state and uses the monthly average for his forecast. What mistake is he making in this process? A. It is impossible to make an accurate sales forecast for a new business, and attempting to do so will only set him up for failure and disappointment. B. He should not use data from bakeries in his own state, as it is unlikely that they will report accurate estimates to their potential competitor C. He should be looking at sales records for all the successful bakeries in the country, not just in his state. D. It is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.​

Answers

The Mistake is he making in this process it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.​ The correct option is D.

What is the importance of sales forecasting?

A precise sales forecast enables businesses to efficiently allocate resources for future growth while also managing cash flow. Forecasting sales help create benchmarks for future trends and allow executives to make early course corrections. Revenue executives can optimize for more wins by aligning sales quotas with revenue goals.

Make a list of the products and services you offer. Estimate how much of each you anticipate selling. Define the unit price or monetary worth of each sold good or service. Divide the number of units sold by the price. Determine the cost of producing and selling each commodity or service.

Thus, the ideal selection is option D.

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Answer:

option d

Explanation:

it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months

The lead of a screw is the distance that the screw advances in a straight line when the screw is turned 1 complete turn. If a screw is 2 inches long and has a lead of inch, how many complete turns would get it all the way into a piece of wood?

Answers

Answer:

20 turn

Explanation:

CHECK THE COMPLETE QUESTION BELOW

The lead of a screw is the distance that the screw advances in a straight line when the screw is turned 1 complete turn. If the screw is 2 1/2 inches long and has a lead of 1/8 inch, how many complete turns would get it all the way into a piece of wood?

From the question, the screw is 2 1/2 inches long which is the LENGTH , we can convert this to Fraction, which is called an improper fraction, by multiply the denominator (2) by the whole number(2) then add to the numerator (1) all over denominator= [(2×2)+1]/2 = 5/2

The number of turn= Lenght of the screw / lead of the screw

=( 5/2inch)/(1/8inch)

= 5/2 ÷1/8

5/2×8/1

=40/2

=20

Therefore, the complete turns it would get it all the way into a piece of wood is 20 turn

Part A
Jennifer makes nail polish at home. Every month, she buys chemicals and dyes, which costs $3 per bottle of nail polish. She also buys glass bottles,which cost $0.50 each. She spends $500 per month to rent a warehouse space to store the nail polish. She sells the bottles for $7 each. How manybottles of nail polish does she need to make a profit?

Answers

Answer:

143 bottles

Explanation:

For Jennifer to make profits, she must make sales past the break-even point.

Break-even point is calculated by the formula

Break-even point = fixed costs/contribution margin per unit

In this case

Fixed  costs =$500

Contribution margin per unit = selling price- variable costs

=$7 -($3 + $0.50) = $7 -$3.50

=$3.50

Break-even point = $500/$3.50

=142.85

=143 bottles

Create your own buy and sell stock problem

Answers

Answer:

The cost of a stock on each day is given in an array, find the max profit that you can make by buying and selling in those days. For example, if the given array is {100, 180, 260, 310, 40, 535, 695}, the maximum profit can earned by buying on day 0, selling on day 3. Again buy on day 4 and sell on day 6. If the given array of prices is sorted in decreasing order, then profit cannot be earned at all.

Explanation:

A good credit rating will cause your mortgage interest rate to be:
A. Higher
B.
Lower
C.
Fixed
D.
Variable
Reset
Next

Answers

The answer is B hope this helps

Answer:

B

Explanation:

If your credit rating is good it should be lowered, it makes sense.

Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.

What is the amount of interest paid?

- $360

- $1,800

- $18,000

- $30,000​

Answers

Answer:

1,800

Explanation:because

$30000*0.06=$1,800

The amount of interest paid is $1,800. Thus, option second is correct.

What is Simple Interest?

Simple interest is defined as the amount of interest paid on a specific principal amount at a given rate of interest. Compound interest, on the other hand, is the interest computed on the principal and interest accrued during the preceding month.

Borrowers may get a rough estimate of borrowing costs by using simple interest. Auto loans and short-term personal loans are often interest-only loans. Simple interest does not need the calculation of compound interest.

Given that,

Amount = $30000

Years = 5

Interest = 6 %

Amount to be paid every year can be computed with the help of the following formula:-

Total amount = Amount * Years * Interest / 100

Substituting the values in the above formula,

Total amount = 30000 * 5 * 6 / 100

= 90000/100

= $9000

Hence, the interest paid for one can be calculated as follows:-

Interest amount for each year = 9000 / 5

                                                   = $1800

Therefore, $1800 is the interest amount paid for each year. Hence, option second is correct.

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Which of the following is an example of fraud?
A. Joe's Appliances advertises a microwave oven at half off its original price.
B. Joe's Appliances advertises a built-in microwave oven at a price that doesn't include
an installation fee.
C. Joe's Appliances advertises a microwave oven at a low price that it never had in stock.
D. Joe's Appliances advertises a microwave oven for less than it pays to buy it,

Answers

Answer:

c

Explanation:

if it was never in stock its misleading and a fraud

the answer is c because if it’s not in stock therefore you can’t sell it

5. Which of the following statements is true about credits?
a) Credits show an increase in what a company owns or a decrease in what it owes.
b) A credit to an asset account shows a decrease.
c) A credit to a liability account shows an increase.
d) Credits show a decrease in what a company owns or an increase in what it owes.

Answers

Answer:

c) A credit to a liability account shows an increase.

Amber showed up to the conference room five minutes before her presentation, which was to begin at 2 P.M. This was the first time she had been to conference room #9, and she assumed that it had a projector. Unfortunately, it didn't. After noticing this fact, she rushed to an adjacent room to borrow one. She was able to do so, and finished setting up her equipment at 2:15. She had to borrow a laptop as well, since the room did not have a computer. 1. Think carefully about what happened to Amber's presentation. In your estimation, what was her first mistake?

Answers

Answer:

She should have come earlier so that she could prepare for her presentation, and if she knew she needed specific equipment then she should have asked someone if the room had it.

Explanation:

So basically just not coming early and prepared.

What are stocks and mutual funds?

Answers

Answer:

Stocks are an investment in a single company, while mutual funds hold many investments — meaning potentially hundreds of stocks — in a single fund.

PLEASE ANSWER THESE IT WOULD BE A HUGE HELP
1. Investing in bonds is risk free. Investing in stocks is much riskier. Why do you think fictional advisors suggest that it’s a good idea to own both stocks and bonds?
2. Each time you sell a stock to make a profit, you must pay tax on the money you make (the
difference between the buying and selling price). This is called capital gains tax. Do you think
capital gains tax is a good idea? Why or why not?

Answers

Answer:

Explanation:

1.

Advisors say to invest in both so that if you lose all your money on the stock market, you will still have a good amount of money invested in bonds, still safe. However, if you’re lucky and the stocks you invested in go up in value, you can earn a large amount of money in addition to the bonds you’ve invested in.

Oh I have this same one, right now i only know 1 TOT

Answer:

1. Advisors say to invest in both so that if you lose all your money on the stock market, you will still have a good amount of money invested in bonds, still safe. However, if you’re lucky and the stocks you invested in go up in value, you can earn a large amount of money in addition to the bonds you’ve invested in.

2. This one is opinionated and depends on your beliefs.

Explanation:

A communication style is ____________________

Answers

Answer:

Communication styles are the broad ways in which people tend to communicate with others.

Explanation:

Answer:

Texting

Explanation:

Consumers have certain rights that do NOT carry corresponding responsibilities.
Please select the best answer from the choices provided
T
F

Answers

Answer:

Explanation:Consumers have certain rights that do NOT carry corresponding responsibilities....(false is the answer)

pls help
Jory wants to create a diagram to compare and contrast the qualifications of the three Energy pathways. Which qualifications could she put in the section common to all three pathways?

a. physical stamina, willingness to work long hours, teamwork, stress-management skills
b. physical stamina, color vision, stress-management skills, knowledge of geography
c. color vision, willingness to work long hours, teamwork, customer-service skills
d. knowledge of geography, customer-service skills, teamwork, stress-management skills

Answers

Answer:

A: physical stamina, willingness to work long hours, teamwork, stress-management skills

Explanation:

the others don't make sense according to the notes I took, correct me if I'm wrong

Answer: A - physical stamina, willingness to work long hours, teamwork, stress-management skills

Explanation - It was correct on edge 2022

Which career pathways involve high risk due to exposure to dangers?

Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway

Answers

Answer:

Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.

Explanation:

The career pathways that  involve high risk due to exposure to dangers is :

A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.

"Career Pathways"

The career pathways that involve high risk due to exposure to dangers is:

Firefighters in the Emergency

Firefighters too give an critical part in teaching the open with respect to fire and security.

Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.

Fire Management pathway

Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.

Crisis administration executives ordinarily require a bachelor's degree

Correctional Officers in the Corrections pathway

Corrections officers may do a few or all of the taking after:

supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.

Detention Officers in the Law Enforcement pathway.

A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.

A Career Pathway traces the positions, compensation, and preparing required to development in an industry.

Thus, the correct answer is A.

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A market supply schedule shows the relationship between


please!!!!!!

Answers

Answer: A supply schedule is a table that shows the quantity supplied at different prices in the market. A supply curve shows the relationship between quantity supplied and price on a graph.

Explanation: I HOPED THAT HELPED,!

What asset might a bank use as collateral for a mortgage?
A house
A boat
A vehicle
Jewelry

Answers

A house is the most common

Answer:

A. A house

Explanation:

Which of the following strategies can a country use to keep its products inexpensive for consumers in the U.S.?
A.
Raising its interest rates
B.
Keeping its interest rates low
C.
Increasing its exports
D.
Avoiding debt


Please select the best answer from the choices provided

Answers

Answer:

Keeping its interest rates low

Explanation:

Interest rates correlate with the exchange rate of a country. Low-interest rates are unattractive to foreign investors. Investors associate low-interest rates with reduced returns. In the foreign exchange market, the demand for such a country's currency will below, resulting in a lower exchange rate against other currencies.

If a country has low-interest rates, its currency will be in low demand, meaning its strength will be relatively weaker against the US dollar.  One dollar will be able to buy a large quantity of goods and services from such a country. In other words, that country's exports will be cheaper in the USA.

Answer: B

Explanation:

trust

Mention any five important points of universities.​

Answers

Answer:

1. A positive attitude towards study.

2. A passion for the chosen course subject.

3. An ability to think and work independently.

4. An ability to persevere and complete tasks.

5. An inquiring mind.

6. Good written English.

7. An ability to work well in groups.

When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in the future, the employer is offering _____.

constructive criticism
verbal warning
destructive criticism
discipline

Answers

Answer:

conatructive critcism

Explanation:

they are critisming you so you can do better

Which of the following is an
example of an operative
employee?

Answers

Explanation:

I just did this yesterday!

its assembled line worker

What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application

Answers

Answer:

A

Explanation:

because they are good

What should you do before you approach a atm

Answers

Answer:

Try to use ATMs with which you are familiar. Choose well-lit, well-placed ATMs where you feel comfortable. If you need to use an ATM late at night, ask a friend to accompany you.

Before approaching the ATM, scan the surrounding area. Avoid the ATM altogether if it is too dark to see, isolated or looks unsafe. If there are bystanders loitering in the area, go to another machine or come back later.

Use your body to shield the screen and keypad before entering your PIN. Make sure other individuals in line stay a reasonable distance from you while you're performing your transaction.

(a) Explain what a checking account transfer is and (b) explain how it helps you save.

Answers

Answers with Explanation:

1. A checking account transfer means that you are moving your money from your checking account to another bank account. This bank account could be yours or another person's. It is often done online.

2. A "checking account" allows a person to automatically transfer his money to his savings account on a regular basis or on a schedule. For example, a person has funds sitting on his checking account, some of these funds will be automatically transferred to his savings account. This gives him no excuses not to save money. Setting this up is conveniently done during paydays but may also be done on other days.

Explain why you have to pay late fees with a credit card, but not with a debit card?

Answers

Answer:

because a credit card you are taking loans from your bank company but with a debit card it's the money you're putting on the card

When people use a credit card, their bank gives you loans, however when you use a debit card, it's your own money that gets put on the card.

What is debit card?

A form of plastic money or currency is a debit card. You can use it to make purchases even when you don't have any cash. Savings account holders typically receive a debit card that is linked to their account from banks. Every transaction performed with your debit card is detailed in your bank statement.

When you use a debit card to make a purchase, the money is almost immediately taken out of your checking account to pay for the goods. The money will be charged to your line of credit when you use a credit card, providing you more time to make the payment because it will be due later.

Thus, When people use a credit card, their bank gives you loans.

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1. To begin to understand stocks, we have to know what companies sell stock. Define: What is a corporation?

Answers

Answer:

Here is a guide...

Explanation:

One place to find lists of index components or company stocks that make up an index is the website of the index maker. For example, you can find the list of company stocks included in the Nasdaq 100 by going to Nasdaq.com. Going straight to the primary source—the website of the index maker—is usually ideal.

Which tab provides you options like inserting a table, inserting a shape, or adding Audio/Video?

Answers

Answer:

The insert tab

Explanation:

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