Importance of saving money

Q: What are the two types of cashflows? Define each

A: The cash flow refers to the net flow of cash and cash equivalents in and out of the businesses or…

Q: What is a simple interest rate?

A: Interest is the cost of borrowing money, where the borrower pays a fee to the lender for the loan or…

Q: How does the credit card company calculate the interest payment?

A: The credit card has been an important tool to increase the purchasing power. This facility has…

Q: Investn S, I Saving and investment

A:

Q: i need this in words not handwritten please rewrite it

A: Consumption when equivalent to that of investment then it will be applicable.

Q: Jenny wishes to double her financial fund and the bank gives her 8% rate of interest annually, how…

A: Here, Jenny deposited its money in a financial funds at the annual interest rate of 8% and she wants…

Q: Describe the process of Borrowing with Credit Cards?

A: The credit card has been an important tool to increase the purchasing power. This facility has…

Q: What is private saving?

A: Private savings are the amount left with the household after spending money on taxes and…

Q: The amount which from the transaction entered by the person who borrows money called the debtor or…

A: Answer-

Q: Determine the Future Value of a Lump Sum of Money

A: The future estimation of money is essential to organizations since it considers the expected rate of…

Q: describe something you can do to increase your savings for retirement.

A: Retirement: It is the point of time where someone stops working.

Q: Cash receipts journal

A: GDP or the gross domestic product is the value of all final goods and services which are produced…

Q: Your friend Tim wants to open a checking account, but he's not sure how to do it. List the steps.

A: A checking account is a sort of bank account that enables you to deposit and receive money for…

Q: Short term savings and loans are part of what

A: Financial Market generally in an economy is characterized as – Money Market and Capital Market…

Q: Give reasons which you think are the most important reasons for saving regularly.

A: Savings refer to the amount of the funds that are kept by the individuals and are not invested in…

Q: When selecting a financial institution, you should consider: (select all that apply) convenience,…

A: Financial Institution is an institution such as central banks, commercial Banks, credit unions etc.…

Q: Distinguish between the present worth of cash and future worth of cash?

A: Present worth of cash : Meaning : It is defined as the current value of future or future value.…

Q: When Projects Are Financed with Borrowed Funds?

A: The borrowed fund is a non-depository fund that is borrowed from the third party with the agreement…

Q: How much money do you need to deposit in a bank each month if you are planning to have $5000 in four…

A:

Q: When investing or saving money for retirement, which type of interest would benefit the most from?…

A: When investing or saving money for retirement which type of interest would benefit the most from?…

Q: What are commercial loans?

A: Loan is a type of debt instrument in which a sum of money is borrowed by an individual or a firm…

Q: What are the potential savings?

A: Total disposable income of a person can be used for consumption and investment expenditures and for…

Q: What is the cheapest loan?

A: A loan is the lending of money by an individual or a group to another individual or a firm, with an…

Q: Banks extend many fixed-rate loans. Why? A farmer buys machinery with a fixed - rate loan to be…

A: Dear student, you have asked multiple sub-part questions in a single post. In such a case, I will be…

Q: Rewrite it

A: The article is about the PPF. PPF refers production possibility frontier, which is also known as the…

Q: Definition of the initial cash reserve

A: Cash reserves are funds held on hand by a company or a person to meet short-term and emergency…

Q: Write the different loan terms?

A: A loan is when one or more people, organisations, or other institutions lend money to other persons,…

Q: What is the future amount is due at the end of the loan period

A: Here T = 13 months     R = 20%    P = 2000

Q: what is the contribution of money to our financial needs

A: Currently money is used all over the world. Money is important all around the world. Currency is…

Q: How Dalio’s concept about borrowing from one’s future self might change a decision one might make…

A: Debt is when one party borrows something from another, most commonly money. Many businesses and…

Q: When consumers and businesses have greater confidence that they will be able to repay loans

A: Loan repayment is defined as the act paying back the loan. This loan repayment occurs through a…

Q: s and explanatio

A: The process of risk quantification by assigning numbers being comparable and measurable to the…

Q: As a student, are you saving or borrowing? Why?

A: Disparities in income and expenditure encourage people to save or borrow. An individual who makes a…

Q: Why certificate of deposit is considered as lending investment

A: Answer-

Q: When does the money have time value?

A: The concept of the time value of money is based on time preferences and the fact that it can be…

Q: How much should you put into 6% saving account in order to have 100,000 in five years?

A: *Answer:

Q: The is an initial payment toward the purchase of the item financed.

A: Credit purchase refers to a type of purchase in which the buyer does not make a payment through cash…

Q: Explain with detail about interest rate deposit facility and lending facility

A: Answer-

Q: Balance Of Payment

A: Balance of payment has three components:Current accountFinancial accountCapital account

Q: How does amortization help in making loans affordable?

A: Concept Amortization is the technique of repaying a loan in monthly interest and principal…

Q: b. How much can Tara withdraw at the end of each month for four years?

A: Deposit each month = 490 $ Time = 7 years Interest rate = 4.5 % compounded monthly Monthly rate =…

Q: Define what is meant by (pure) credit rationing. Save Answer

A: Rationing is a source of artificial control on the demand and supply of the goods and services.

Q: what is the difference between Credit and Consumer credit?

A: Introduction Credit is a types of arrangement to receive cash or any service which you can use in…