Many credit card companies charge a compound interest rate of 1.8% per month on a credit card balance. miriam owes $650 on a credit card. if she makes no purchases or payments, she will go more and more into debt. which of the following sequences best describes her increasing monthly balances?
a. 650.00, 767.00, 884.00, 1,001.00, 1,118.00,
b. 650.00, 661.70, 673.40, 685.10, 696.80,
c. 650.00, 661.70, 673.61, 685.74, 698.08,
d. 650.00, 650.18, 650.36, 650.54, 650.72,
e. 650.00, 767.00, 905.06, 1,067.97, 1,260.21,

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.