Finance questions

According to a government agency, there were 107,600 chefs/head cooks employed in the United States in 2010 and 314,600 food service managers.
Those numbers were projected to decrease to 106,000 and 299,600 by 2020.
Which job was facing the larger percent decrease? By how much?
Harry had an unpaid balance of $1780.89 on his credit card statement at the beginning of December. He made a payment of $255.00 during the month, and
made purchases of $369.82. If the interest rate on Harry‘s credit card was 2.5% per month on the unpaid balance, find his finance charge and the new balance

On January 1

A credit card statement showed these transactions during October.
October 1

Previous balance
$413.98

October 15
Purchases
$81.45
October 25
Payment
$50.00

The credit card has an interest rate of 4% on the average daily balance. Find the average daily balance, the finance charge for the month, and the new balance on

November 1. [Hint: Remember that October has 31 day.

Sample Solution

ACED ESSAYS