Mark decides to only pay the minimum payment each month of $15 for his credit card. he continues to charge purchases to the credit card at a monthly average of $400 a month. how long will it take for mark to reach his maximum limit, or max out his credit card?

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?