You have an average outstanding balance on your credit card of $1,000. Which of the following would be your best choice for minimizing the cost of credit?
A)
Annual fee of $25 and 10% on the outstanding balance
B)
Annual fee of $10 and 12% on the outstanding balance
C)
No annual fee and 15% on the outstanding balance
D)
Annual fee of $50 and 8% on the outstanding balance
A
Business
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The measures of central tendency for a normal distribution are all ________
A) inverted B) random C) identical D) uncertain E) binary
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Marketing prescriptive models can be used to:
a. Identify which customer segments will be most profitable. b. Determine whether to continue promotional spending in order to generate future sales. c. Determine whether to curtail spending and allocate marketing resources to more profitable customer targets. d. All of the above
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