Find the effective rate of the compound interest rate or investment. (Round your answer to two decimal places.) 16% compounded monthly. [Note: This rate is a typical credit card interest rate, often stated as 1.3% per month.]

Grace period is a period of time before the credit card company starts charging late fees.truefalse

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?