Walker’s charges a daily rate of .049 percent on its store credit cards. what interest rate is the company required by law to report to potential customers? assume each quarter has exactly 91.25 days

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Walker’s charges a daily rate of .049 percent on its store credit cards.17.89 percent interest rate is the company required by law to report to potential customers.

What do you mean by potential customers?

A potential customer is someone who has requirements and wants that can be met by a company's products or services but has never purchased those goods or services.

What come to mind when discussing growing a market share in a company? Yes, we frequently consider ways to broaden our business's consumer base or raise the quality of our products to draw in customers who currently use those of our rivals. There aren't many potential clients in the market. Potential client of "A" business and actual clients of "B" business. As a result, market share of B enterprise will decline when "A" enterprise is successful in convincing potential clients to purchase a product or use a service from them.

Learn more about potential consumers here

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