Explain why you have to pay late fees with a credit card, but not with a debit card?

Answers

Answer 1

Answer:

because a credit card you are taking loans from your bank company but with a debit card it's the money you're putting on the card

Answer 2

When people use a credit card, their bank gives you loans, however when you use a debit card, it's your own money that gets put on the card.

What is debit card?

A form of plastic money or currency is a debit card. You can use it to make purchases even when you don't have any cash. Savings account holders typically receive a debit card that is linked to their account from banks. Every transaction performed with your debit card is detailed in your bank statement.

When you use a debit card to make a purchase, the money is almost immediately taken out of your checking account to pay for the goods. The money will be charged to your line of credit when you use a credit card, providing you more time to make the payment because it will be due later.

Thus, When people use a credit card, their bank gives you loans.

For more information about debit card click here:

https://brainly.com/question/27350251

#SPJ2


Related Questions

The benefits of effective listening are:

Answers

One benefit is that you are helping the other person talk through there problems

strengthen your relationship with that person

Making the other person feel appreciated

Hope this helps you have a great night!!!

Prepare the general journal entry (without explanation) needed to close Net Income or Net Loss for the year end. Use compound entries where required. If no entry is required then write "No Entry Required."

Answers

Answer:

Closing entry for closing net profit / net loss for the year ended

Explanation:

In case of net profit, for the year ended closed -

Profit & Loss a/c .. dr

to Capital ac

{Reason - As profit has credit balance, so nullifying by debiting it. And, profit increases capital, so capital a/c is credited}

In case of net loss, for the year ended closed -

Capital a/c .. dr

to Profit & Loss ac

{Reason - As loss has debit balance, so nullifying by crediting it. And, loss decreases capital, so capital a/c is debited}

reasons why biden/trump would make a good president WITHOUT mentioning the opposing canidate.

Answers

Answer:

please stop talking bout this stuff but biden is going to raise taxes and take away LGBTQ rights soo yeah that's not the best thing

Answer:

Trump will be a great president

Explanation:

VOTE FOR TRUMP

What is a necessary component of a simulation game?
It must be based on a real-world activity or experience.
It must include some learning or practicing an experience.
It must include negative consequences for mistakes.
It must be designed with adult players in mind.

Answers

Answer:  Game world.     Goals and objectives:

Rules and/or Instructions:

Interaction:

Conflict (and/or competition, challenge, opposition)

Outcomes and Feedback.

Game storyline.

Characters for video game.

Music.

Visuals.

Quality assurance.

Example: GTA aka ; grand theft auto


A step taken so that a reasonable person could assume that a business took appropriate safety measures is called ___________

Answers

Answer: Risk assessment

Explanation: This is known as risk assessment, the overall process of identifying all the risks to and from any activity and assessing the potential impact of each risk.  This is achieved by assessing the likelihood that each risk will occur, and then combining the result according to an agreed rule to give a single measure of potential impact.

To have a thought about what aspect of a business, might cause harm and decide whether you are taking reasonable steps to prevent that harm is known as a risk assessment.

PROJECT: USING ADVANCED FORMULAS
Suppose you own a small business with ten employees. Small businesses use spreadsheets for a variety of reasons.

OBJECTIVES
Create a spreadsheet to track payroll.
Directions
Create a spreadsheet to calculate the your company's payroll, or how much you pay each employee and the total you pay all employees.

You pay your employees every two weeks, and for the last two weeks, your employees worked the following hours:

Employee 1: 78
Employee 2: 75
Employee 3: 80
Employee 4: 45
Employee 5: 50
Employee 6: 80
Employee 7: 65
Employee 8: 60
Employee 9: 78
Employee 10: 75
Your spreadsheet should calculate:

the total hours worked for each employee
the gross pay for each employee (pay rate is $12.50 per hour)
the state income tax for each employee (use 5.7%)
the Federal income tax for each employee (use 15%)
Social Security for each employee (use 3.5%)
the net pay for each employee by subtracting the income tax and Social Security from the gross pay
the total gross pay, total state income tax, total Federal income tax, total Social Security, and total net pay paid to all employees
When you finish your spreadsheet, estimate your answers to check for accuracy. Make any necessary corrections. Use formatting techniques to make your spreadsheet easy to read. Upload your spreadsheet using the Upload tool in the box below.

Answers

Answer:

Total hours worked for two weeks by all employees = 686 hours

Total Gross pay of all employees = $8,575.00

Total State income tax of all employees = $488.78

Total Federal income tax of all employees = $1,286.25

Total Social Security of all employees = $300.13

Total Net Pay of all employees = $6,499.85

Explanation:

Note: See the attached excel file for the calculation of the company's payroll or amount paid to each employee and the total amount paid to all employees on a spreadsheet as required by the question.

In the attached excel file, the following formula are used:

Gross pay for each employee = Pay rate of $12.50 per hour * Total hours worked for two weeks by each employee

State income tax for each employee = 5.7% * Gross pay for each employee

Federal income tax for each employee = 15% * Gross pay for each employee

Social Security for each employee = 3.5% * Gross pay for each employee

Answer:

here you go edmentum

Explanation:

VOTE TOM NOOK FOR PRESIDENT FOR 2024

Answers

:0

yas I will vote him!

lol

wait..no! He will just take our money. My answer is a maybe.

Consider Management as the top tier. Select your campus as next to the first one and pick Student's Affairs department as the last one. Apply Process perspective by drawing a simple hierarchy.

Answers

Answer:

Explanation:

Process perspective relates to the study of how a business runs internally. Measures based on this process allows the management to make an efficient decision on how their services meet the demands of their clients.

By the application of the process perspective method, the simple hierarchy of the campus is shown below.

                                   Management of Campus                                                  

            Management of campus succeeded in the process of making

                    guidelines for various affairs associated with the student.

                                                         ↓

                                                  Campus

      Campus has several departments that deal with the various entities

         of the campus such as lecturers, industries,  senate delegates,

                      governmental agencies, student's welfare, etc.

                                                        ↓

                                       Student's welfare department

                                                        ↓

         ↓                       ↓                    ↓                   ↓                  ↓

        Scholarship  Examination    Event         Grevianve   Alumni    

         Unit                   Unit              Unit              Unit           Unit

           

think about a piece of fruit that you recently purchased. list the natural, labor, and capital resources needed to get it to you

Answers

Answer: Typically shipping fresh fruit or shipping fresh produce involves a few different steps which can slow down productivity. For example, fruits are loaded into a corrugated box then added to a pallet, then shrink wrap is added or banding is used to keep the boxes on the pallet.

Explanation:

You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increase?

Answers

Answer:

54.55%

Explanation:

The purchasing price is $55

Price has increased to $85.

The monetary increase = $85 - $55 = $30

As a percentage , the increase will be

=$30/$55 x 100

=0.545454 x 100

=54.5454%

=54.55%

pls help me asap.....

Answers

Answer:

d

Explanation:

List two effects of the invention of the cotton gin.

Answers

Answer:

While it was true that the cotton gin reduced the labor of removing seeds, it did not reduce the need for slaves to grow and pick the cotton. In fact, the opposite occurred. Cotton growing became so profitable for the planters that it greatly increased their demand for both land and slave labor.

Answer:

Explanation:

reduced the time and labor required to produce cotton for market

enabled farmers to meet higher demand

cemented slavery in the South

made cotton the dominant crop in the South

What is the safest way to make sure you are using a copyrighted image fairly? A. Do a Google image search. B. Save the image to your own computer. C. Rename the image. D. Ask the copyright owner for permission.

Answers

Answer:

Ask the CopyRight Owner for Perrmission

Explanation:

Asking the copyright owner for permission is the safest way to make sure you are using a copyrighted image fairly.

Answer:

Ask the CopyRight Owner for Perrmission

Explanation:

Please help for brainliest

Answers

Answer:

C balance

Explanation:

it shows balance when you withdraw money

Based on the passage, who might be interested in your credit report, and why? Check all that apply.

A) prospective employers, to evaluate the risk that you might commit fraud or theft
B) you, to make sure the reports are accurate and to look for signs of identity theft
C) residents on your street, to see whether you would be a good neighbor
D) creditors, to evaluate the risk of extending credit to you
E) teachers, to see how likely you are to perform well in school
F) property owners, to decide whether to rent to you

Answers

B, D and F

Explanation:

Answer:

A, B, D, and F

This is correct on Edg :)

Type the correct answer in the box. Spell all words correctly. Which type of partnership should Adam and Donna choose? Adam and Donna have started their own business of making customized cell phone cases. However, Adam is also involved in another business and is not be able to dedicate time to the new business. He is willing to fund the business but is not able to help Donna in the daily operations. Donna suggests that they follow the partnership business structure.​

Answers

It doesn’t show the text can u type it again?

Answer:

Limited

Explanation:

how much would you cost to have a good night

Answers

Answer:

as much as i need

Explanation:

Nothing idc about sleep lol

Which of the following best explains the purpose of a supply schedule?
O A. To demonstrate how the supply decreases as price increases.
B. To calculate how much time it takes for distribution.
C. To show the relationship between quantity supplied and prices.
O D. To indicate how supply and demand relate to price.

Answers

Answer:

C. To show the relationship between quantity supplied and prices.

Explanation:

A supply schedule is a tabular demonstration of the quantity that suppliers will be willing to sell at different prices. It is a table showing the relationship between supply and price.

According to the law of supply, the supply increases as the price goes up. Therefore, the supply schedule is a tabular illustration of the law of supply.

Answer:

it is c

Explanation:

because    it does mean To show relationship between quantity supplied

and prices.

Select the correct answer from the drop-down menu.
Which option is an example of verbal communication?
A --------- is an example of verbal communication.
smile
letter
handshake

Answers

Answer:

its a .............................letter

Explanation:

A handshake is an example of verbal communication. Thus, option C is correct.

What is verbal communication?

Verbal communication is when you or another person speaks out while expressing yourself verbally. However, nonverbal communication is the exchange of information through actions, reactions on the face, and facial expressions.

When you shake hands with someone, you are expressing your warm welcome and full focus. We communicate nonverbally to convey our intentions, identities, beliefs, and various cultural approaches.

Nonverbal communication includes gestures like signaling, winking, hand-shaking, physical separation, and emotions on the face, among others. This is a major change that comes in the way a person is communicating.

Therefore, option C (handshake) is the correct option.

Learn more about verbal communication, here:

https://brainly.com/question/27876354

#SPJ5

In the résumé above, what would cause appearance of the "00000000000"?

Answers

The “ 00000000000” on the résumé could be an error, but I believe that it means that they do not have any experience and/or objectives.

(Edit): Hi! I just completed my test and I got a 100 by using this

The resumes were scanned, and the formatting changed the way they looked when they were converted to text. Under "Objective" in this instance, there was an underlining that changed to "000000000000."

What is Formatting  ?

The presentation or appearance of your essay is referred to as formatting. Layout is another term for formatting. Headings, regular paragraphs, quotations, and bibliographic references are the four text types that the majority of essays use. Both endnotes and footnotes are acceptable.

If the paper is double or single spaced, where the page numbers are placed, and whether a cover page is included or not are examples of formatting. Different formatting conventions call for different sets of rules.

By dividing information into sections and giving them headings, emphasizing essential phrases or concepts using bold, italics, or lists, and generating a strong first impression, formatting also increases the reader's accessibility to the content (professional look and feel, appropriate font choice for the document type).

Learn more about Formatting here

https://brainly.com/question/21934838

# SPJ 5

Brian really likes cars. He has a job that is far away from where he lives . Brian is buying a new car. After looking at many different cars, he buys a low-mileage, jet-black sports car. What decision - making method did Brian most likely use?

Answers

Answer:

Rational

Explanation:

Answer:

Emotional

Explanation:

Is profit the same as cash flow?

Answers

Answer:

No

Explanation:

Cash flow refers to the money that flows in and out of your business. It's income and expenses.

Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.

what is another term that means withholding
A) gross income
B) payroll deductions
C) taxable income
D) allowances

Answers

Answer:

B) payroll deductions

Explanation:

To withhold a payment implies abstaining or avoiding to pay. If an employer withholds some payments, it means that the employee will not receive the withheld amount.

When employers withhold taxes and other deductions, it means the employee will not be given the tax amount. The employer will deduct that amount from the employee pay and forward it to the tax agency. Withholding, in this sense, is payroll deductions.

Which of the following is an
example of an operative
employee?

Answers

Explanation:

I just did this yesterday!

its assembled line worker

Which of the following is not a basic right of ownership include in " bundle of rights"?

Answers

This is hard one bruh

What do disability insurance and life insurance have in common?

A.
Both are provided by your employer at the employer’s expense.
B.
Both charge the same amount for the policy premium.
C.
Both cover an unexpected loss of income.
D.
Both cover beneficiaries in the event of your death.

Answers

Answer:

Both cover an unexpected loss of income.

Explanation:

Both life insurance and disability insurance protect personal finances during a disaster.  Life insurance pays beneficiaries when the insured dies. Disability insurance compensates for lost income when one is unable to work as a result of injuries.  

Life and disability insurance policies are about financial loss protection. Life insurance protects the insured's beneficiaries against financial loss when the insured dies, while disability insurance covers the insured against any financial loss due to the inability to work.

Answer:

c

Explanation:

What kind of psychologist would someone who is dealing with the loss of a loved one most likely visit?

Answers

Answer:

Counseling psychologist

Explanation:

I just took the test! Good luck :)

Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If not, has this course expanded your idea of yourself in five years, or has it stayed the same? Why or why not.

I don't have time so please answer I need it asap

Answers

Answer:

This is a personal question man

Explanation:

Im sorry, but I can't answer personal questions

Sorry

Which of the following is an example of an action that is part of making a
rational choice?
A. Doing a cost-benefit analysis.
B. Calculating flexible and fixed expenses.
C. Expanding your discretionary spending.
D. Adding up your assets.

Answers

Answer: B Im pretty sure

Step by step explanation:

The meaning of rational is doing someone with reason or logic so B seems like the rational answer..

Answer:

A. Doing a cost-benefit analysis.

Explanation:

i took the test

Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term

Answers

Answer:

B Deliberate

Explanation:

Planning involves thinking ahead of events. It entails preparing beforehand for future activities.  Managers will engage in planning to ensure the business meets its objectives.

There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.

Other Questions
What does irrigation mean?? please help!!! #confused? letters for a vacancy announcement Look at the map above which of the following climate regions is represented in the lower 48 states A.tundra B.subarctic C.subtropical wet D.humid continental work out the equation of a line which has a gradient of -2 and passes through the point (1 ,7) Find the slope using the formula.(-2,-9) and (-6,-6) 5. How did the African American elite organize and express themselves between 1870 and 1910? Which is a Jewish holy book?A. VedasB. UpanishadsC. Dao de ChingD. Torah one number is nine more than another number, if the sum of the number is 65, find both numbers what labor systems did the Mughals have Describe how the process of natural selection can result in an increase in frequencies of certain traits found in a population. How might Balboa and Panama City have benefited from the building of the canal? You work at a frozen yogurt shap during the summer. You need to order 5-ounce and 8-ounce cups. The storage room will only hold 10 more boxes. A box of 5-ounce cups costs $100 and a box of 8-ounce cups costs $150, A maximum of $1200 is budgeted for yogurt cups. A. Write a system of linear inequalities that shows the number of boxes of 5-ounce and 8- ounce cups that could be bought. B. Graph the system. C. Name a combination of 5- and 8-ounces boxes of cups that could be bought. How many atoms are in 3CaCO3 Read "Historical Perspectives: What Caused Political Parties?" on pages 142-143. What are the two prevailing views on why parties formed in the early republic? help me please i have 2 more after this Which change of state is shown in the model?-condensation-deposition-boiling-freezing Graham's monthly bank statement showed the following deposits and withdrawals.- $87.45, - $24.76, $143.87 $17.29 $348.90If Graham's balance in the account was $456.78 at the beginning of the month,what was the account balance at the end of the month? You move right seven units. You end at 2,2. Where did you start? What does Feldman explain as being the three extraordinary components of the Constitution? Can someone help? I don't really understand this question...