Jerry has a credit card debt of $15,600 that he would like to reduce by applying $8,500 of his inheritance money to the balance. in addition, he would like to modify his debt payment plan to pay off the remaining balance in 24 months rather than 60 months. his credit card has an apr of 18%. how much will these changes save jerry in finance charges (interest)?

a. $1,407.04
b. $3,302.59
c. $6,760.96
d. $8,168.40

Which of the following is the least risky? collectables stock savings bond savings account

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided