Word: minimum
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Dates: during 1990-1999
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...Munafo says women's groups have been hesitant to ask for the dean's exemption. A dinner discussion group that once allowed only female table guests went co-ed with the new policy, with only bare minimum of grumbling...
French employers think this is fantasy. The nonwage costs of adding a worker, they claim, overwhelm any increase in production--one of the reasons unemployment is high in the first place. Their obligatory contributions for benefits add up to 45% of salary costs. They pay a higher minimum wage than the U.S. or most European countries. Laying workers off is legally complicated and prohibitively expensive. And, in Michelin's case, political dynamite. When the famed French tiremaker said last month that it was slashing 10% of its work force after posting a 17% rise in earnings, Jospin threatened to sanction...
...think Harvard students are smart enough to understand 20 percent interest and the fact that if you're going to make the minimum payment, you're going to be paying for a long time," he jokes...
Keep your head about you when signing up for and using your credit cards. A $1,000 bill on a credit card that charges 15 percent interest--low by credit card standards--will turn into $2,100 in the 14 years it takes to repay if only the minimum payment is made each month...
...only paying the minimum, make sure it's at least reducing the balance. Some credit cards have a negative amortization schedule, which means if you pay the minimum the company requires, your balance will actually increase each month because the interest is so high...