Credit Card A
Comparing Two Credit Card Offers
Credit Card B
3.99% APR for the life of transferred
balances; 13.25 % APR for all other
purchases
0,00% APR for 6 months; 19.8%
APR for remaining lifetime of card
$50 annual fee; $25 fee for late
payments
No annual fee; $25 fee for late
payments
Minimum monthly payment of $15 or
10% of balance
Monthly balance must be paid in
full each month
Must pay card by the 15th day of the
month
Set your own payment date
Rewards program: $10 shopping card
with each $1,000 in spending
Rewards program: Earn 1% cash
back on all purchases

Step 1: What are the Annual Percentage Rates (APR) of credit card A'and credit card B?

A) plot the m1 and m2 money stock in the us from 1990-2015. (hint: you may use the data tools provided by fred.) (b) plot the nominal interest rate from 1960 to 2014. (hint: you can either use the daily interest rates for selected u.s. treasury, private money market and capital market instruments from or the effective federal funds rate fromfred.) (c) the consumer price index (cpi) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. intuitively, the cpi represents the cost of living or the average price level. plot the cpi from 1960 to 2013.(d) the inflation rate is the yearly percentage change in the average price level. in practice, we usually use the percentage change in the cpi to compute the inflation rate. plot the inflation rate from 1960 to 2013.(e) explain the difference between the ex-ante and ex-post real interest rate. use the fisher equation to compute the ex-post real interest rate. plot the nominal interest rate and the ex-post real interest rate from 1960 to 2013 in the same graph.

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.