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: 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…
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A: An annuity is a series of payments paid or received over a defined length of time. The timing of the…
Q: Define the term an amortized loan?
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Q: Why would a bank lending officer be interested in thecash flow statement of a company that is…
A: Cash flow refers to the quantity of cash or cash-equivalent that a corporation gets or expends as…
Q: Define the term disbursements?
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Q: Today you deposited $10,000 in a savings account paying 7% annual interest. How much should you have…
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Q: Define interest and explain how interest rates vary based on risk, maturity, loan size, and…
A: The interest rate is the return that an individual receives from the financial asset in the economy.…
Q: Give an example of a loan repayment plan?
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Q: Other than lenders, who else might use your credit score and why?
A: Credit decisions are made by lenders. Credit reporting agencies sell credit reports on their…
Q: Write the formula developed for calculating compound interest?
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A: Payment History, Capacity, Length Of Credit, New Credit and Mix of Credit are some of the most…
Q: Repayment of loan with interest is a capital expenditure True/False
A: # The upgradation for maintenance of physical assets is counted as capital expenditure.
Q: Explain why someone might want to put a “red flag” on their own credit report.
A: A red flag refers to a warning that is put on the credit report if something suspicious, fraudulent,…
Q: What is fractional ownership?
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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 do you need to provide when you request your free credit report? first and last name only first…
A: For the given question, the particulars that are required for a free credit report need to be…
Q: Actual rate of interest on the principal for one year. A Nominal Interest B Compound Interest
A: The rate of interest on principal is returns for postponing consumption or spending. High rate of…
Q: 2. is/are repaid in monthly payments. O Bankruptcy Credit O Installment loans IOU's
A: An installment loan is normally a one-time loan that provides amount in a lump sum. Lender…
Q: What is the future amount is due at the end of the loan period
A: Here T = 13 months R = 20% P = 2000
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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: Living in retirement 25 years Retirement age 65 Annual income $100,000 Interest Rate 6% Need 2…
A: Answer - Need to find- Present value Given in the question- Living in retirement 25 years…
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Q: Hey can someone help me with this? Explain the main differences between amortization, annuity and…
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Q: s and explanatio
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Q: What does the interest rate you determine represent?
A: The interest is a specific percentage of the principal amount that is lent, borrowed, or deposited…
Q: What is the Deferred Savings Plan?
A: A deferred savings plan is a plan which allows the taxpayer to pay money in the plan and then…
Q: Balance of payment.
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Q: What is Compound interest?
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Q: Suppose you want to have $600,000 for retirement in 25 years. Your account earns 10% interest. How…
A: Given: Amount at retirement=$600,000Time=25 yearsRate of interest=0.10
Q: The first thing paid when repaying a loan is the principal. True or False?
A: Principal denotes the original amount of money borrowed by the individual for meeting his/her needs.…
Q: Write the Summary of Compound-Interest Formulas?
A: Answer - Compound-Interest Formula - Compound interest formula helps to calculate the total return…
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: Discuss and illustrate the different types of annuity.
A: Annuity refers to the contract between an individual and the insurance company where the individual…
Q: Paying in cash or taking a Loan, which option is more economically sound?
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Q: annual interest cost on deposits
A: The leverage is decided basis the loans to equity ratio. Narrow bank is leveraged and wide bank is…
Q: years from now at an interest rate of
A:
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: What does paying rent help you do? buy a home build equity in your building buy a condo build your…
A: A credit rating is a measurement of a person or business entity's ability to repay a financial…
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Q: b. How much can Tara withdraw at the end of each month for four years?
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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: A _________ is a share of a corporation that may be bought and sold.
A: A share of stock is a unit of owner ship in a corporation. Stock may be purchased by individuals,…
What is the difference between a secured loan and an
unsecured loan?
A loan is when money is being given to another party in exchange for repayment of the principal amount of loan plus the amount of interest.
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- Why would someone choose a fixed rate loan over a variable rate loan?Mary Smith took out a loan of $75,000. The loan runs for five years at a minimum interest rate of 33% with payments due each month. How much is each monthly payment?The first thing paid when repaying a loan is the principal. True or False?
- If I want to calculate a repayment plan for a loan, I should use the _ factor.The amount which from the transaction entered by the person who borrows money called the debtor or maker and the person who lends money called creditor or lender.True or false question: If you co-sign for a loan you are responsible if the other doesn’t pay?