Suppose you had the exact amount of money to buy your dream property. Would you pay cash or get a mortgage? Why? If it's relavent to your answer you can state a dollar amount and explain with numbers not words.
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Suppose you had the exact amount of money to buy your dream property. Would you pay cash or get a mortgage? Why? If it's relavent to your answer you can state a dollar amount and explain with numbers not words.
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- This question is asking amount that Ding would receive instead the answer states what Tillman would receive. Can you please help? Thank you!how do I work out the interest paid using the PV formula without using financial calculator or excel? I am using a texas instruements calculator.What are annuities, growing annuities, perpetuities and growing perpetuities. What are the differences? Also, how can tvm techniques be used in real life? How are these techniques applied in finance? Can you provide examples?
- As an investor, why do you need to learj about time value of money, and how it will affect your decision makingN3 As a loan is paid down the homeowner aspires to having a market value which is more than the price that he paid for the property. What best describes the interest or value left after all liens and encumbrances have been paid? Avulsion Equity Leverage Tax shelterHow do I do this on a Financial calculator? Can it even do this problem?
- Answer the situation. Compute for interest. Show your Complete Solution. I already provided the answer I just need the Solution and explanation. Answer: Bank A because it will yield less interest than bank B.can someone show me the answers to put in the financial calculator to get the answer? pv=? fv=? pmt=? n=? i/y=?1. Why is it important to know your financial position?2. What benefits would you get from knowing your financial position?3. How your inner assets would help you in achieving your future goals?
- Explain the idea of mental accounting. Group of answer choices Mental accounting refers to the way we emotionally account for ups and downs of our lives. Mental accounting refers to the interest rate we use when we calculate the present value of future mental assets. Mental accounting is the way people keep track of their mental assets and liabilities. Mental accounting is the notion of putting dollars in different mental categories where they take different values.A life insurance policy is a financial asset, with the premiums paid representing the investment’scost.a. How would you calculate the expected return on a 1-year life insurance policy?b. Suppose the owner of a life insurance policy has no other financial assets—the person’sonly other asset is “human capital,” or earnings capacity. What is the correlation coefficientbetween the return on the insurance policy and the return on the human capital?c. Life insurance companies must pay administrative costs and sales representatives’commissions; hence, the expected rate of return on insurance premiums is generallylow or even negative. Use portfolio concepts to explain why people buy life insurancein spite of low expected returns.Give one example on an opportunity cost that impacted you personally. What was the opportunity cost? What was the impact of the choice you made? and How does the concept of opportunity cost impact your future personal finance decisions?