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Economics
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Credit and Debit Cards/Checks and Check Registers
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Terms in this set (15)
Money is borrowed and repaid at a later date on a ___ card.
credit
Money is automatically taken out of an bank account when you use a ___ card.
debit
Credit cards are great for ___ situations.
emergency
Credit cards have extra ___, such as airline mileage or cash back.
perks
A debit card will be ___ if there is not enough money in your account.
declined
When you use a credit card and don't repay the balance the first month, you will likely pay ___ on the amount.
interest
A debit card allows you to get ___ from an ATM.
cash
The book in which you keep records of checks, deposits, debit card transactions, and ATM withdrawals.
check register
The debit card is a very _______ way to pay.
convenient
Both credit and debit cards are ____.
secure
Failing to pay a credit card bill on time may result in being charged a _____ fee.
late
One of the benefits of a debit card is you are not charged ____.
interest
Using a credit card can affect your _____ score.
credit
Both credit and debit cards carry protection against ___.
fraud
Unwise use of a credit card can cause unnecessary ____.
debt
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Verified questions
psychology
Which of the following health problems is currently a major issue in middle childhood, but was not a children's health problem historically? a. cancer b. obesity c. accidents d. Infections
question
A company is attempting to determine if it should retain a previously popular shoe model. A random sample of women is obtained, and each person in the sample is asked if she would purchase this existing shoe model. To determine if the old shoe model should be retained, the following hypothesis test is performed at a level of $\alpha=0.05$ using $\hat{p}$ as the sample proportion of women who said yes. $$ \begin{aligned} &H_0: P \geq 0.25 \\ &H_1: P<0.25 \end{aligned} $$ What value of the sample proportion, $\hat{p}$, is required to reject the null hypothesis, given the following sample sizes? a. $n=400$ c. $n=625$ b. $n=225$ d. $n=900$
finance
The June 30 time card for Mary Carol Prestwood and time card data for other employees are provided in the Working Papers. Work this problem independently. Round hours to the nearest quarter hour. Enter the regular and overtime hours for Ms. Prestwood in the schedule. For each employee, calculate the amount of regular, overtime, and total earnings. Overtime hours are paid at 1 ½ times the regular rate. Round dollar amounts to the nearest cent.
finance
Prepare a letter to the president of the company, Shelly Phillips, describing the changes you made. Explain clearly why net income is different after the changes. Keep the following points in mind as you compose your letter 1. This is a letter to the president of a company, who is your friend. The style should be generally formal, but you may relax some requirements. For example, you may call the president by her first name. 2. Executives are very busy. Your letter should tell the president your main results fi rst (for example, the amount of net income). 3. You should include brief explanations so that the president can understand the changes you made in the calculations.
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