What does making a credit card minimum payment mean?

Answers

Answer 1

Credit card terms require you to pay at least the minimum payment by the date pointed out every month. This payment is the lowest amount you can pay on your credit card to avoid penalties. Minimum payments are usually a percentage of your outstanding balance.

Hope this helps.


Related Questions

How do scarce resources influence you personally? What impact does this have on your financial management?

Answers

Scarce resources encourage me to spend time thinking about how I use the limited amount of money and materials that have so that I may use them in a matter that best guarantees that I will get the most satisfaction out of it. Since resources also include time, they also define how much I time I spend doing which activities, and steer me to put in a certain degree of work. 

Since there is a limited supply of resources, the great wheel that facilitates the cycle that these such resources use, known as money, must also be limited. How I manage my finances (money and resources). Knowing this, I am encouraged to invest such resources into more efficient outlets to attain the most powerful results out of my few resources. 

What information can you find in the Occupational Outlook Handbook (OOH)?

the value of every company in the same business
the company’s mission and goals, along with current salaries
the job requirements, work environment, and salary range
the listing of CEOs with addresses and phone numbers

Answers

The information you can find in the Occupational Outlook Handbook or OOH are the job requirements, work environment, and salary ranges for hundreds of occupations in the United States.

Answer:

c

Explanation:

because i said so brudda

The purchase of inventory for cash will cause the current ratio to decrease. true false

Answers

i think it is false hopefully it is right


Economic question ... Select the items that describe goods.

cars
houses
getting a haircut
going to a movie

Answers

It depends on who you are. Different people see goods in different ways. To me, they are all goods, but from an economics point of view, it would probably be cars and houses.

Answer:

Cars and Houses

Explanation:

Which is a certificate of debt issued by corporations and governments?
1. Stock
2. Bond
3. Annuity

Answers

For Plato users the answer is B.  bond

Which of the following is a tax incentive?

A.a tax on imported goods
B.a set amount that you subtract from your gross income for yourself and any dependents
C.taking tax payments out of an employee’s pay before he or she receives it
D.the use of taxation to encourage or discourage certain behaviors

Answers

D.the use of taxation to encourage or discourage certain behaviors

The answer is "D.the use of taxation to encourage or discourage certain behaviors".


A tax incentive is an administration measure that is proposed to urge people and organizations to burn through cash or to set aside extra cash by decreasing the measure of assessment that they need to pay.  

Tax incentive are methods for lessening charges for organizations and people in return for explicit alluring activities or ventures on their parts. Their motivation is to empower those organizations and people to take part in conduct that is socially dependable or potentially benefits the network.

True or false. the consumer sector is the largest part of the macroeconomy.

Answers

the consumer sector is the largest part of the macroeconomy

TRUE
Final answer:

True, the consumer sector is typically the most significant part of the macroeconomy, often contributing the largest portion to a country's Gross Domestic Product (GDP). For example, in the United States, consumer spending usually equates to about two-thirds to 70% of the country's total GDP.

Explanation:

True. In most economies, the consumer sector is indeed the largest part of the macroeconomy. The macroeconomy is the sum total of all economic activity within a given region, usually a country, and the consumer sector is the component of that total that is made up of private, individual (household) consumption of goods and services. The consumer sector often accounts for the largest contribution to a country's Gross Domestic Product (GDP), a measurement of the size of an economy. For instance, in the United States, consumer spending typically makes up about two-thirds to 70% of its total GDP. Therefore, the consumer sector plays a significant role in economic growth and stability.

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Your friend has prepared his monthly budget and asks you if he has overlooked anything in this planning. Which of the following questions points out his most serious omission?


a.What if your income from stocks is lost?
b.What if you need to go to the doctor?
c.What if the electric bill increases?
d.What if you need to replace the furnace?

Answers

The best and most correct answer among the choices provided by the question is 
The statement that points out his most serious omission is "What if the electric bill increases?".


I hope my answer has come to your help. God bless and have a nice day ahead!

Answer: D

Explanation: edge 2022

1. Jovanna has determined that she wouldn't want to be a nurse because she really doesn't like the sight of blood and she tends to not work well under pressure. Which stage of career matching is she in? (1 point)eliminating options that don't match her characteristics
eliminating options that she has little chance of entering
eliminating options that don't pay enough
identifying transferable skills

Answers

the stage of career matching that she's in is :
The first stage
The paragraph basically said that she still not sure what kind of career that she would choose

hope this helps

Which of these could result from decreased federal spending?

a.Advances in the space program
b.Fewer social programs
c.Increased national debt
d.More government regulation

Answers

B. Fewer social programs
The best and most correct answer among the choices provided by your question is the second choice or letter B.

Fewer social programs could result from decreased federal spending.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

_____ are used to take money directly from your account.

Charge cards
Cash cards
Credit cards
Debit cards

Answers

debit cards is the best anwser

Answer:

Debit cards is the correct answer.

Explanation:

Debit cards are used to take money directly from your account.A debit card is utilized to get funds in the deposit account.When we open a checking/savings account at the bank we normally get debit card.With the help of Debit cards, the user can withdraw cash from their account by an ATM. With the help of debit cards, the funds come directly withdrawn from the bank account.

Your company needs to fix some of the machines in its factory. It also needs to buy more materials. But the company has to choose between these options, because money
1)grows on trees
2)is the marginal benefit
3)is limited

Answers

3.) money is limited...

3. "is limited" is the right answer

The trachea connects to two smaller tubes called: larynx alveoli bronchi

Answers

The correct answer is bronchi.

What are some disadvantages and advantages of online grocery shopping?

Answers

ADVANTAGES 
THEY ARE CONVENIRNT +
THEY ARE QUICK 
THEY SAVES TIME 

DISADVANTAGES 
UNKNOWN QUALITY
UNKNOWN TIME+
ETC ETC
Advantages
They are Simple
Save Gas
You can get deals

Disadvantages
Wrong order
Paying Shipping
Package not on time

When greg started his window-washing business, he wanted to keep things simple. as recommended, he filed a record of the business with the state where he resided. he carefully watched his expenses including state filing expenses and licensure requirements. greg’s financial resources were limited, but so were his concerns; after all, “he was the business.” greg’s business is a ___________________.?

Answers

I think his business is a window washing business he is a entrepreneur

As a factor of production how is capital created?

a. by adding land to entrepreneurship
b. by adding human labor to land
c. by removing land from services.
d. by using labor to create services

Answers

Answer:

The answer is: B) by adding human labor to land

Explanation:

Natural resources are the main component of the land factor of production. Let's use iron as an example of how it can turn into capital goods.

Iron by itself is just a natural resource, but once labor is added it turns into steel and then it can be used to build machines that are used to produce other goods. When iron is turned into a machine, it becomes capital.

As a factor of production, it is capital created "by adding human labor to land. The correct option is B.

Capital is created by combining human labor with land or other resources to produce goods and services. Human labor plays a crucial role in transforming raw materials or resources including land into finished products or services that have economic value.

This process of adding human effort and skill to the production of goods and services is how capital is created.

Capital refers to the tools, machinery, infrastructure and other physical assets used in the production process which are the result of human labor working on natural resources or raw materials.

Therefore, the correct option is B.

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What is time management?

Answers

Time management is planning or consciously using your time wisely between activities with varied importance. For example, maybe you're running a business, making a chart with all the different activities and duties you need to do at what time is a good idea.

Answer: LISTING AND PRIORITIZING ALL APPOINTMENTS AND ACTIVITIES

Explanation:

I’m Also Doing Gradpoint.

The sarbanes oxley act was passed to
A.) prevent fraud at public companies
B.) replace all of the old accounting procedures with new ones
C.) Improve the accuracy of the company's financial reporting
D.) both a and c

Answers

The correct answer to your question is letter D. "Both A and C"

The Sarbanes Oxley Act was passed to prevent fraud at public companies and improve the accuracy of the company's financial reporting. Thus, the correct option is (D).

The Sarbanes-Oxley Act of 2002 is a federal legislation in the United States that prescribes certain procedures for corporate financial record keeping and reporting.

It was also known as the SOX Act of 2002, and it demanded tough modifications to present securities rules as well as harsh new penalties for violators.

The high-profile thefts undermined investor faith in the reliability of company financial statements and prompted many to call for an update to long-standing regulatory norms.

Therefore, the correct option is "D".

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Total quality management theorizes that if workers are more responsible, they will ______.
a.
Increase overall quality
b.
Reduce overall quality
c.
Have no effect on overall quality
d.
None of the above

Answers

Total quality management (TQM) theorizes that if workers are more responsible, they will increases overall quality. Correct answer:A

TQM is a management approach towards improving the quality of an organization's outputs, including goods and services, through continual improvement of internal practices and leading to long–term success through customer satisfaction.

Total quality management theorizes that if workers are more responsible, they will Increase overall quality. Therefore option A is correct.

What is Total Quality Management Theory?

Businesses employ quality management systems to make their operations more profitable by increasing process efficiency. In order to empower employees, foster a sense of teamwork, and concentrate on the voice of the customer, total quality management systems use a number of techniques and theories.

Businesses that use a TQM system regularly make small adjustments to improve the quality of their operations and output. Employees that follow a continuous improvement methodology must aim for efficiency and zero defects across all processes. Continuous improvement initiatives actively look for areas that need improvement.

Hence, Total quality management theorizes that if workers are more responsible, they will Increase overall quality.

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It is often easier for a brand-new business to get a loan than an existing business. True Or False

Answers

it would be false because starting a new business is way harder than keeping up with an existing one
 

Answer:

False

Explanation:

It is very difficult for a start-up to get a loan. Banks usually request businesses to present a cash flow in order to get a loan, but if the company has just been established there is nothing to show.

That is why government entities and other private organizations offer financing options to entrepreneurs, e.g. SBA loans or grants, crowdfunding, venture capitalists

Which type of credit is used to lease a building?

A. installment Credit
Joy has been saving her earnings to make a down payment on a new car. Which loan terms will result in highest total cost for the loan?
D. 5.5 percent loan for 60 months
Anya runs a dog wash and spa service. She has to purchase basic, low-cost work supplies on a regular basis. She budgets a specific amount of money to buy these goods each month. Which type of credit would be most helpful and least risky for her?
B. secured credit card
Which type of credit is used for utilities?
C. service credit
Nafar wants to start her own business as a contract writer. To do this, she needs to build an office addition to her house. Which type of credit is she most likely to use?

Answers

Final answer:

Nafar is most likely to use a construction loan to build an office addition to her house.

Explanation:

The type of credit that Nafar is most likely to use to build an office addition to her house is a construction loan. A construction loan is a specific type of credit that is used to finance the construction or renovation of a building. It is typically a short-term loan that provides funding for the project during the construction phase, and then converts to a mortgage once the project is complete.

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Which of the following would best support a claim that most people feel hopeful about the future of the economy?

A table showing results of THE SURVEY, along with details of the questions asked

A summary of the findings and an interview with the group collecting the responses

An interview with one or two subjects from THE SURVEY group

An excerpt of questions from THE SURVEY, with an explanation of the process

Answers

I believe the answer is: A summary of the findings and an interview with the group collecting the responses

A summary of the findings would give the general indicators that we could use to measure the economy (such as unemployment rate, currency strength, etc). Interview with group collecting the response would give us information on how the data is collected and determine the reliability of the data.

Etta wants to make a monthly budget. What should she do first?
Calculate her net income

Decide how much she wants to spend

Open a savings account

Pay her bills

Answers

When developing a monthly budget, the first thing to do is calculate your net income. Etta needs to calculate her net income, so she can budget everything based off of the money she brings in. After she sets up her net income, she can pay her standard monthly bills, then decide how much she wants to spend on different areas of her life and then, open a savings. It is important to know how much money you have to work with before budgeting because if you don't, the budget may not be realistic.

Answer:

Calculate her net income.

Explanation:

The net income is the money left after the expenses has been deducted. So, if Ette wants to make a monthly budget, the first thing she needs to do is to calculate her net income to have a clear view of the monthly earnings she has, her expenses and if her salary is enough those expenses. From this analysis, she can proceed to create an accurate budget.

You have $200 in your account. You are very responsible. What is the maximum amount of money you should spend? A. $199. B. $225. C. $200. D. $100.

Answers

a because you dont want to waist lots of money 
you should spend d 100. 

that way you have 100 for yourself and 100 to save for other times

HELP PLEASE!!!!!!!!!!!!!!!
Latasha is writing minutes. She puts details in chronological order. Which details will be first in her document?

A. The most important details
B. Details that happened first
C. Pros and cons
D. Details that happened last

Answers

b is the correct answer

Answer: (B) Details that happened first

Explanation:

 According to the question, in the Latasha document the fist detail will be in the chronological order is the detail that happened first. While writing any type of document the first detail should be mention that happened first according to the appropriate order.

 As, the detail that happen first then it should be come first in the order. On the other hand, all the other options are not the first order in her given document.

Therefore, Option (B) is correct.

In two to three sentences, explain why the private businesses will not provide public goods.

Answers

Final answer:

Private businesses do not provide public goods due to the nonexcludability of such goods, leading to the free rider problem, which is why these goods are usually provided by the government through taxation.

Explanation:

Private businesses typically do not provide public goods because these goods are nonexcludable and non-rivalrous, meaning they cannot prevent non-payers from using them and one person's use does not diminish another's ability to use them. For instance, national defense is a public good that is freely available to all citizens irrespective of their contribution to its cost, making it implausible for a private firm to charge for it. The inability to exclude non-payers leads to the free rider problem, undermining the private sector's ability to profitably provide these goods. Hence, public goods like national defense are typically provided by the government which possesses the unique ability to fund such services through taxation.

can someone help me please
When should a writer establish common ground before the bottom-line statement?

A. When the report does not have an executive summary
B. When the details are arranged in order of importance
C. When the document is minutes of a meeting
D. When the reader may disagree with the bottom-line statement

Answers

d
                  ok??????????????????????????????????????????????????????/                                                                                                                                                                                                                                                                               
Final answer:

A writer needs to establish common ground before the bottom-line statement when the reader may disagree with the statement. This strategy helps make the reader more open to the writer's perspective.

Explanation:

In writing, a writer should establish common ground before the bottom-line statement when the reader may disagree with the bottom-line statement (Option D). Establishing common ground is an important strategy in persuasion. It involves finding a mutual understanding or a shared viewpoint between the writer and the reader. This can help make the reader more receptive to the writer's bottom-line statement. The other options presented don't typically require establishing common ground beforehand as they communicate information in a more straightforward manner, ownership or disagreement is not a primary concern.

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why do you think it is important to plan expenditures carefully?

Answers

because expenditures should always be less than the incomes... so expenditures should be planned carefully so that there won't be shortage of money during emergency situations.

Answer:

It is important to plan expenditures carefully because you do not need to over spend money or spend money that you do not have. ... The interest for the savings account will get you more money. Investing money is the riskier of the two. You can loose all of your money or you can earn even more money.

Explanation:

Use your own words but i hope this helped<3

God Bless!

How might a surplus of food have helped civilizations advance from hunter-gatherer societies?

A.A surplus of food allowed people to move to new homes more often.
B.A surplus of food allowed people to specialize in different jobs.
C.A surplus of food allowed people to hunt large animals more easily.
D.A surplus of food allowed more people to become successful farmers.

Answers

A surplus of food is definitely something that allowed people to specialize in different Jobs. This is how we can say that the people in the past used this surplus. I hope this works for you 

Answer:

it helped them have time to do differant jobs

so b

Explanation:

______ serves as an incentive for entrepreneurs

Answers

The correct answer that would best complete the given statement above would be the term PROFIT. Profit  serves as an incentive for entrepreneurs. This is when the entrepreneur is able to make more money out from a product than they are using it. Hope this is the answer that you are looking for.

Answer:profit

Explanation:

Other Questions
A zoo kitchen's weekly grocery list shows the zoo orders 56pounds of each week . The zoo kitchen is the same number of pounds of bananas each day Select an alternative to using credit. how did Athenians live a more varied lifestyle than Spartans? The salaries of three employees are listed below. Each employee was recently given a raise.Employee SalariesEmployeeSalary[before raise]RaiseJane$41,1004%John$43,3004.5%Jack $39,9003%Which amount is closest to the total of all three raises? $14,295 $4,723 $10,566 $4,790 Graph the linear equation y=-x+8 I do not understand how to do this problem please help!6.Below is a graph that represents the total profits for a third month. Write the equation of the line that represents this graph. Show your work or explain how you determined the equations. The first month they made 1200 and the second month they made 1500...graph a line using the slope-intercept form:Manipulate the equation into slope-intercept form, y = mx + b.Identify and plot the y-intercept of the line. Remember, the y-intercept is b. Don't forget: The sign goes with the number.Identify and use the slope of the line to find a second point. Remember, the slope is m. Don't forget: Starting at the y-intercept, the numerator tells you the rise (count up if positive and down if negative), the denominator tells you the run (count right.)Draw a straight line through the two points to complete the graph.Linear Functions:A linear function is a function that is defined by a linear equation.To write a linear function with function notation, first write it in slope-intercept form, and then replace y with f(x).The graph of a linear function is all points (x, f(x)), where x is in the domain of the function. Answer correctly for brainliest and also get a thanks ! Don't answer if you don't know it please ! The leader of the Communist Party in China following World War II was _____.-Chiang Kai-shek-Kuomintang-Mao Zedong-Chou Mang Read the counterclaim to the claim that funding for the space program is important.While the idea of exploring space is indeed inspiring, critics argue that its not financially responsible. They say there are more important things to focus on here on Earth, such as helping people to find jobs and improving their quality of life.Now read the rebuttal.With all the problems facing people today, it is understandable that some critics might think that exploring space is foolish and wasteful. But the space industry creates jobs and stimulates the economy.Luca wants to add one more sentence to the end of the rebuttal so he can fully address the counterclaim. Which would be the best addition to rebuttal?A In addition, thinking about space exploration makes people feel hopeful and inspired.B But, some lawmakers are challenging the space agencys request for a $17.7 billion budget.C In addition, nine of the twenty-five top scientific breakthroughs in the last twenty-five years came from space exploration.D Therefore, it is up to the space industry to make its critics understand how useful space exploration is. A computer virus is eating disk space. during the first day it eats 1/2 of the disk. during the second day, it eats 1/3 the remaining disk space. the third day it eats 1/4 of what still remains and the fourth day it eats 1/5 of what is left. what fraction of the original disk space remains intact? What is the difference between active transport and passive? Please be sure....Thank you. :3One of the core goals of successful businesses is to ______.A.decrease working capitalB.provide a return for investorsC.increase the operating ratioD.All of the above. Find the new price :Food bill : $55Sales Tax : 8%Tip : 18% A 200 centimeter-long wire is cut into three pieces. The second piece is 3 times as long as the first. The third piece is 2 times as long as the second. How long is each piece? In Van Goghs Starry Night, he incorporated symbolic expression, using the visual elements of art, through all of the following actions, except which?a.The stars appear to interact with nature and the environment below, rather than being above it as they often appear in various other pieces of art.b.The houses are painted small and seem to almost blend into the ground.c.The artist has created the piece so that the negative space overpowers the positive space.d.The cedar trees and mountains seem to be reaching for the sky. 2.Construct a line that is perpendicular to line m and that passes through point P. based on their chemical formulas, which of these compounds is not likely to be an ionic compound: KBr, SO2, or AlCl3? explain your answer. What did Pope Urban II promise the people, as the First Crusade started? What is the absolute value of -5.75? Rocky shores serve as a feeding ground forA. large fish. B. lichens. C. birds. D. sea squirts.