Assignment 5: Credit and Loans 1. If you are borrowing money and paying interest‚ would you prefer an interest rate that compounds annually‚ quarterly‚ or daily? Why? If I am borrowing money and paying interest‚ I would prefer an interest rate that compounds annually because annually would cost you less than quarterly. 2. a. What is the total balance of Jessie Robinson’s real estate account? The total balance of Jessie Robinson’s real estate account is 19‚000 b. What is the total balance
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VALUE BALANCED SCORE CARD -A TOOL OF PERFORMANCE APPRAISAL ABSTRACT:- Balanced score card is a new dimension in the field of performance appraisal. It is a comprehensive‚ top down view of the organizational performance with a strong focus on vision (i.e. goals) and strategy (i.e. performance measures). The balanced score card has become the pre-eminent strategic tool for the management. The success of its implementation is attributable to its focus on strategy and the future. By the help of
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How Credit Cards Work Have you ever stood behind someone in line at the store and watched him shuffle through a stack of what must be at least 10 credit cards? Consumers with this many cards are still in the minority‚ but experts say that the majority of U.S. citizens have at least one credit card -- and usually two or three. It’s true that credit cards have become important sources of identification -- if you want to rent a car‚ for example‚ you really need a major credit card. And used wisely
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with RFID: A Case Study of the Octopus Card Lam Tak Ming The Hong Kong Polytechnic University mslam@polyu.edu.hk Abstract: Octopus cards are an electronic payment system based on a wireless RFID technology developed in Hong Kong. Users simply hold their contactless smartcards over an electronic reader‚ and the payment is deducted from the card automatically. If users link their cards to their credit card to upload money‚ there is no cash transaction
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GYPSY TAROT CARDS Card meanings: Personnel indicators Sweetheart The card signifies the querent herself‚ if she is a woman. If the querent is a man‚ it denotes the love of his life‚ his One and Only. Lover The card signifies the asker himself‚ if he is a man. If the asker is a woman‚ it denotes the love of her life‚ her One and Only. Persons or abstract concepts Widow Denotes an older woman‚ who could be the asker’s mother‚ mother-in-law or older female relative or friend. Depicting
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7 Credit Card versus Cash Credit Card is an easier way to use the money instead of seeing how it disappears from the wallet. People can have a better control of the money not only having it in their wallets but also having it in a bank account. Because credit card holders can see the movement of the money for each purchase. Most people tend to use cash when they do not use a lot of money in their wallets‚ but credit card holders who have a lot of money usually have a credit card. Even though
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national I.D. cards and whether the U.S. should have them or not is debated. This issue is discussed in “Should the U.S. Have a National ID Card?” that was in The New York Times Upfront magazine by Bill Keller and Jim Harper. Both authors give their argument on their side‚ but Bill Keller has a stronger structured argument than Jim Harper. Jim Harper defends that the U.S. should not have national ID card protecting citizens’ privacy. He says that people might have to use the cards to scan for public
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use of credit cards is increasing day by day. People are relying more on credit cards nowadays than in the previous days. Credit card is a card which allows the user to pay for the things. Credit cards are offered by the banks and other financial institutes. The credit card allows the user to use the credit available on his or her credit. The credit card user can buy the things and now pay for it later. There are some advantages and some disadvantages associated with using credit card. In this essay
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Credit card : Asset or Liability Credit card actually replaces the hard money in market. Before the coming of plastic money‚ every one relies on their present income. If possible in present salary then only purchases go on‚ otherwise get shifted to next month. This problem now has been solved with the plastic money. Make payments in the next month but u can purchase now. Any one can judge this plastic money is an asset or liability for a person. Let assume its an asset. How? Right now it makes
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Co-branded Cards Cobranded Prepaid cards programs for debit card and credit card Co-branded cards have gained popularity nowadays because they do not only make financial transactions easier but also provide some kinds of commissions to users. Co-branding simply means a brand partnership has been created between two or more businesses or companies. A co-branded card carries the logo of the business plus a small logo that represent the card issuing authority and financial providers like Visa and MasterCard
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