--%>
Assignment Help - homework help

Annual Percentage Rate and Annual Percentage Yield

Interest stated at an annual percentage rate that stands for APR is the rate of interest without consideration of compounding throughout that year. Yearly or annual percentage yield [APY] refers to interest which is compounded continuously. When a bank charges you 12 percent APR so that you pay 1 percent interest for each month you have a balance onto your credit card, that you are paying: (w) more than 12% APY. (x) less than 12% APR when you completely pay off any balance before the ending of the year. (y) more than 12% APR when you maintain high balances due on your credit card. (z) less than 12% APY when you completely pay off any balance every two months.

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Levels of the Poverty Line In 2005

    In 2005 year, the proportion of people along with family incomes below the official poverty line into the United States was around: (w) one in eight. (x) one in ten. (y) two in twenty five. (z) one in twenty.

    Q : Diseconomies of scale problem Can

    Can someone help me in finding out the right answer from the given options. When the average production costs rise as the total production of a firm rises, the firm is experiencing: (1) economies of scale. (2) Economies of scope. (3) Diseconomies of scope. (4) Disecon

    		•
  • Q : Short run operations of a

    This figure in below is demonstrates the operations of a profit-maximizing pure competitor into the: (1) market period. (2) short run. (3) long run. (4) super long run since this can alter technology. (5) shutdown range of production.

    Q : Implicitly weigh marginal cost and

    implicitly weigh marginal cost and marginal benefit

    		•
  • Q : Another name of micro economics What is

    What is another name of micro economics? Answer: Price theory

    		•
  • Q : Market in equilibrium point by interest

    When this market is primarily in equilibrium at point c, any drop within interest rates caused through an increase in people’s willingness to save will cause as: (1) the rate of return schedule reflected into I0 to shift to the

    		•
  • Q : Comparison of absolute intensity among

    The absolute intensity of one consumer’s preferences and tastes as compared to the absolute intensity of the other consumer’s tastes and preferences is as: (1) Dependent on the supplies of specific products. (2) Individually recognized in

    		•
  • Q : Changes in price and supply of market

    Assume that a main oil spill occurred off the Alaskan coast within the waters where many wild salmon Americans eat is caught. So, what will occur to the price and supply of salmon within the US? (w) no change  (x) supply = fall, price = rise 

    		•
  • Q : Good illustration of oligopoly The

    The tobacco industry within the United States is a good illustration of: (1) monopoly. (2) pure competition. (3) oligopoly. (4) corporate responsibility. (5) duopoly. I need a good answer on the topic of Economics

  • Q : Can GDP be more than GNP Can GDP be

    Can GDP be more than GNP? Answer: Yes, GDP can be greater or more than GNP if NFIA is negative.

    		•