Homework Introduction to Statistics 1. Credit card usage is requiring an increasing amount of information from users in order to avoid credit card theft. For example‚ many gas stations require zip codes to be entered in addition to the credit card itself. Classify each of the following as qualitative or quantitative variables. (a) (b) (c) (d) Gender Annual Income Zip Code Telephone Number 2. A poll is to be conducted from the TV viewing public who watched last year s Super Bowl. Individuals are
Premium Super Bowl Scientific method Obesity
What are the advantages and disadvantages of letters of credit? http://www.answers.com/Q/Advantages_and_disadvantages_of_Letter_of_Credit Letter of Credit Advantages for both Importers and Exporters For the Exporter/Seller: Upon presentation of the specified documents (in strict conformance) the Buyer/Exporter is guaranteed payment (the exception is if the Issuing Bank folds) Eliminates risk of the buyer canceling the order and therefore reduces production risk Makes it easier for the Buyer/Exporter
Premium International trade Legal documents
Q2 (b) There are number of methods that can be adopted to assess the credit-worthiness of a potential credit customer. Describe and comment upon two such methods that Fenton could adopt to help reduce the current level of bad debts. (5 marks) There are a number of ways in which Fenton Security Plc could ensure that customers are subjected to tighter credit appraisal checks before goods are supplied. The list below is indicative but not exhaustive‚ and includes significant more detail than
Premium Credit score Credit history Credit
withdraw- retirar 2.- cash- dinero 3.- account- cuenta 4.- Purchases- compras 5.- Retailers- minoristas statement using modals of possibility and the words searched. Dear customer: Please find enclosed your new credit card. This new car will replace your current credit card‚ wich will son expire. Your personal identification number will remaind unchanged. You ca use this card to: . Withdraw cash from all ATMs displaying the swiftrans logo. . obtain detailed account information. . guarantee
Premium Credit card Debit card
DETAILS Recurring Charges Recurring Charge: ADULM2048 (From 26-Dec-2012 to 25-Jan-2013 ) Usage Charges Other Charges & Credits Credit Adjustment Taxes (Service Tax @ 12% + Education Cess @ 3% on Service Tax) Deposits Current Bill Amount Guidelines: 1) Recurring charges and free usage are on pro-rata basis for the first month‚ during plan change and for termination period. 2) For credit & debit adjustment details‚ visit https://selfcare.tikona.in -> Billing and Payments -> Adjustments. 3) Payments received
Premium Credit card Cheque Money
determined you can afford to pay $678 per month towards a new sports car. You call up your local bank and find out that the going rate is 1% per month for 44 months. How much can you borrow? Ans. $24‚000 4. Depending on the issuer‚ a typical credit card agreement quotes an interest rate of 18% APR. Monthly payments are required. If your balance now stands at $1‚000 how much will you need to pay it off in a year without making any payments in between? Ans. $1‚195.6 5. you recently finished
Premium Credit card Money Payment
Recurring Deposits 2. Granting of Loans and Advances: a. Overdraft b. Cash Credits c. Loans d. Discounting of Bill of Exchange B. Secondary Function of Banks 1. Agency Functions a. Transfer of Funds b. Collection of Cheques c. Periodic Payments d. Portfolio Management e. Periodic Collections f. Other Agency Functions 2. General Utility Functions a. Issue of Drafts and Letter of Credits b. Locker Facility c. Underwriting of Shares d. Dealing in Foreign Exchange e.
Premium Debit card Cheque Credit card
CASH VS CREDIT CARDS September 27‚ 2012 Paying cash has been the simplest form of payment since currency has been established. Due to technology there are several ways one can purchase merchandise. Credit by far has become popular of most ways to purchase merchandise. Paying cash has no fees‚ no identity theft‚ and debt free. Credit cards has fees‚ theft safety programs‚ can cause debt‚ and can make fast payments. Both methods are necessary for today’s economy and both are necessary depending
Premium Credit card Fair Credit Reporting Act
Many college and university students use credit cards (Jones 9). “Credit cards are practical and useful and managing them is a fact of life” (Engen). Statistics from a recent study show that 76.8% of college student hold at least one credit card (qtd. in Jones 9). Of those students‚ 16% of students’ total debt is due to their credit card and 63% do not pay their balance in full each month (Jones 9-10). By debt I am referring solely to credit card debt; I am excluding student loans‚ auto loans‚ mortgage
Premium Credit history Interest Credit card
University of Phoenix Material Credit Card Worksheet 1. Calculate the following using the Bankrate calculator at: http://www.bankrate.com/calculators/managing-debt/minimum-payment-calculator.aspx Credit Card Balance Interest Rate Minimum/Fixed Payment Number of Months to Pay in Full Total Interest Paid $5‚000 13% Minimum $5‚000 18% Minimum $2‚000 15% Fixed $50 $2‚000 15% Fixed $100 Minimum in this example should be Interest plus 1% of balance‚ and it will then default to a $15 minimum
Premium Debt Credit card Money