Suppose that the cost of the raw materials—lumber, hardware, and paint—totals $200. The furniture maker charges $50 per hour for labor, and the project takes three hours to complete. The prime cost to produce the table is $350 ($200 for the raw materials + (50 x 3 hours of labo...
This is why putting money in a savings account (instead of investing in stocks,(ETFs), mutual funds,, etc.) can be dangerous over the long run. Think of it this way. If the average inflation rate is 3% per year and your savings account pays you 2% interest on average, you're actual...
How worried should you beif you can't pay off a debt easily? It depends on whether the debt you're behind on is your mortgage (that can be very bad) or your credit cards (not quite as bad). In these sorts of cases, it’s useful to understand the differences betweensecured a...
If you're someone who keeps a balance from time to time, paying attention to the purchase APR is a good idea. The higher it is, the more your debt will cost you. Below are three scenarios of how a purchase APR affects your credit card balance. The good news is that there is a s...
How often does the prime rate change? The prime rate has the potential to change eight times a year, in line with the Bank of Canada’s eight fixed annual announcements to announce policy interest rate decisions. In 2023, the prime rate changed three times after the Bank of Canada announc...
Q.: How much does Amazon Prime cost? A.:Now that you know what is Amazon Prime — it's time to look at the costs. The membership fee for Amazon Prime is $139 per year or $14.99 per month. The first 30 days of the annual subscription are free, andyou can cancel anytime. ...
Learn what Annual Percentage Rate (APR) is, how to compare different types of APR, and how to calculate it.
(A)1/12 (B)1/6 (C)1/5 (D)1/3 (E)1/2<12> If a committee of 3 people is to be selected from among 5 married couples so that the committee does no 37、t include two people who are married to each other,how many such committees are possible?(A)20 (B)40 (C)50 (D)80 ...
It’s good advice, but what does it mean?Paying interest on the money you borrow is how a lender can afford to loan you funds. A creditor, like a credit card company, will put this interest into a yearly rate called the annual percentage rate (APR)....
The next year Chamberlain resigned and Winston Churchill (1874-1965) became Prime Minister. 不愿再打一场战争,内维尔·张伯伦领导的英国政府采取了绥靖政策(一种对侵略不加抵制,姑息纵容,退让屈服,以牺牲别国为代价,同侵略者勾结和妥协的政策)。然而,希特勒于 1939 年 9 月 1 日入侵波兰。两天后,英国和...