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: Plan to Save You will need to spend money to achieve most of the long-term goals you set in your…
A: Any expense being incurred by an organization during conducting activities of a business is termed…
Q: Which financial Market do Retail credit products e.g. Mortgage bonds, short term loans, long term…
A: Meaning of Financial Assets: The term financial assets refer to the situation, under which these…
Q: Describe five ways that will ensure the properly used of accumulated savings by the government.
A: Governments have a vested interest in influencing the country's economic savings and investments.…
Q: People should buy bonds when they think that interest rates are as high as they will go.
A: A bond is a financial instrument that allows an issuer to raise capital by borrowing money from…
Q: Give an example of a loan repayment plan?
A: A loan repayment plan shows the way in which loan will be repaid. It explains in detail the number…
Q: The amount which from the transaction entered by the person who borrows money called the debtor or…
A: Answer-
Q: Let's say that you have put $1,000 in your savings account at a local financial institution, and an…
A: 1.The employee is correct, of course.The reason for this is that the money you have deposited in…
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: How does the financial system coordinate saving and investment?
A: By using the loanable fund as a tool, the financial system coordinates saving and investment in the…
Q: What are some currencies of great value in a workplace that is in high demand? List at least 3 and…
A: Commonly, the value of different currencies around the global financial market keeps on changing…
Q: Describe the Borrowed-Funds Concept?
A: Lent capital is money which is lent and used for making an investment. This varies from equity…
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: You are the manager of a local bank. Due to unstable financial conditions, savers are worried that…
A: Hey, Thank you for the question. According to our policy, we can only answer 1 question per session.…
Q: What are the factors affecting the amount of money paid for the use of borrowed capital or the…
A: - Hello. Since your question has multiple parts, we will solve the first question for you. If you…
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: Capital receipt may come from:- (1) Market Borrowings (2) Provident funds (3) Recoveries of loan…
A: First let's understand what's the value of capital receipts. Such receipts either leads to reduction…
Q: Saving is that part of income which is not consumed. True/False
A: # income can be broken into two parts where one part is consumption and one part is Savings.
Q: How do people typically respond to higher real interest rates? by saving less by paying more taxes…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What is the financial market, what does it do in terms of saving investment and interest rates
A: A market is a place where the exchange of goods and services takes place between the consumers and…
Q: ou have just won 10 million dollar in the lottery which promises to pay you 1 million dollar every…
A: Given the information: The winning amount of the lottery = 10 million dollar Each year payment = 1…
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: Interest rates: why are interest rates increasing on student loans or mortgages?
A: Secured Loan:- A secured loan is one that is supported by secured financial assets owned by the…
Q: 'Credit' means Increase in an account Decrease in an account Right side of an account Left side of…
A: Accounting is basically a system that is used to record, summarize, and organize financial or…
Q: What do you think accounts for the wide range of savings rates in different countries?
A: Saving rate- It is the ratio between savings of household and (unadjusted) gross disposable income.
Q: How could people be persuaded to start saving for retirement?
A: Retirement planning is the process of putting money aside, investing it, and then distributing it in…
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: college student borrowed $46,000 to pay for tuition, room, and board. Some of the money was borrowed…
A: * SOLUTION :-
Q: What are the factors affecting the amount of money paid for the use of borrowed capital or the…
A: In a capital market, organizations raise capital/funds by borrowing money from the market…
Q: Write the formula of Effective interest?
A:
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: You will need to spend money to achieve most of the long-term goals you set in your life. It could…
A: Income Gross wages(A) $3,500.00 Taxes(B) $830.00 Interest earned (C) $60.00 Stock Dividend…
Q: What is the main difference between personal and disposable personal income?
A: Personal income is total payment to individual either productive income or else, it can include…
Q: What role do commercial banks play in the development of an economy
A: The commercial banks play a vital role in any economy. Developed commercial bank systems ensure and…
Q: difference of the demand of financial services
A: Financial services include a wide range of economic activities like investing, managing insurance,…
Q: According to the Housing Affordability Index (HAI) is it a good time to buy a home in New Jersey?…
A: Median Housing Price in NJ (MEDPRICE)= $500,628 Interest Rate (i) 3.5% compounded monthly = 0.035…
Q: Identify ways to manage and improve inventory investment
A: Inventory management refers to the process of keeping track of inventory of the company to make…
Q: What is the relationship between interest rates and business investment?
A: To determine the relationship between interest rates and investments.
Q: A successful entrepreneur may need a support of banking institutions and Non- banking financial…
A: (Q) A successful entrepreneur may need the support of banking institutions and Non- banking…
Q: What does the interest rate measure?
A: Market interest rate refers to the interest rate that the lenders expect or demands from the…
Q: Why junk food is
A: A demerit good is characterized as a good which can adversely affect the purchaser - however these…
Q: what is the present value of a loan when a monthly payment of ₱3,250 is needed to extinguish for 3.5…
A: Present Value gives the value of a series of cash flows when it has been discounted with the current…
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- What are other ways to invest in Real estate? Are they long term or short term?please answer and explainOn November 4, you get a boat loan. Your first payment is due December 4. You write out your check on December 1, drop it in a mailbox on December 2, it gets postmarked on December 3, and the lender receives it on December 6. For how many days is interest calculated?