D Question 9 The producer price index measures the cost of a basket of goods and services bought by firms rather than consumers. True False

Q: Elizabeth went on a fabulous vacation in May and racked up a lot of charges on her credit card. When…

A: Average Daily Balance = sum of (Daily balance * no. of days) / total number of days

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…

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: 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: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: Why is it important to review your bank statement each month?

A: A bank statement refers to a type document that summarizes all of the transactions in a bank account…

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: he graph below shows copper prices for several days during the months of July, August, and eptember.…

A: Demand refers to the quantity of goods and services demanded by the consumer at a point in time.…

Q: PAYMENT HISTORY,CAPACITY,LENGTH OF CREDIT,NEW CREDIT and MIX OF CREDIT  how do the above factors…

A: Payment History, Capacity, Length Of Credit, New Credit and Mix of Credit are some of the most…

Q: 1. A transportation company bought a new truck. The cash price of the truck is $66,000. The company…

A: The minimum monthly payment is the lowest amount a customer can pay on a revolving credit account to…

Q: How do you build housing in wealthy neighborhoods?

A: It's generally not feasible because of the value of the land. In wealthy areas, land is expensive…

Q: You opened a savings yesterday by depositing $10,000. You would like to be able to withdraw $2,000…

A: The amount that the lender charges the borrower over and beyond the principal amount is referred to…

Q: Give typing answer with explanation and conclusion Michael can afford car payments of $275 a month…

A: The demonstration of borrowing is the demonstration of getting or getting something, strikingly…

Q: What will be the Savings given that income is $3200 and APS is 0.48

A: The data presented in the question above is:- Income = $3200 Average propensity to save = 0.48…

Q: Does IRS have my direct deposit info?

A: IRS stands for Internal Revenue Service which represents the federal government's revenue services,…

Q: Summarizes some of the interest formulas?

A: Simple interest = (P*R*T)/100 where, P : Principal amount            R : Rate of interest per annum…

Q: Discuss credit card safety and precautions?

A: A credit card is a plastic card issued by a financial institution, typically a bank, that allows the…

Q: Find the savings if the income is $8443 and the consumption is $4022

A: Here, given information is: Income: $8443 Consumption: $4022 To find: savings

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: Write the Elements of Transactions involving interest?

A: Interest is the payment that is made to the lender by the borrower of an amount in addition to the…

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: How Do You Manage Your Credit Card Debt?

A: Credit cards have become a everyday part of our lives and is convenient to use. It is often, that we…

Q: The value of savings is $390 and income is $650 Calculate APS

A: The information given to us:- Savings of household = $390 Income of household = $650 We have to find…

Q: What are other ways to invest in Real estate? Are they long term or short term?

A: Real estate refers to land and any physical property or structures that are permanently attached to…

Q: If you put your $100 into a saving account which earns 5% interest, how long does it take for your…

A: Given information: Amount kept in saving account = $100 Interest rate = 5%

Q: How to convert daily interest rate into monthly interest rate?

A: Calculating the annual equivalent of a daily charge or per diem interest, or compounding annual…

Q: A person starts her own business, quitting a job in which she was making $125 000 a year. Expenses…

A: Economic profit is accounting profit minus opportunity cost or in other words it also includes…

Q: Explain the content and purpose of a credit report?

A: A credit report is a detailed summary of a person's credit history and financial behavior. It…

Q: Differentiate between standard of deferred payments and unit of account

A: Money is any object that is generally accepted as payment for goods and services, for the repayment…

Q: Jocelyn wants to buy a 72 inch flat screen TV to enjoy her birthday video highlights. It sells for…

A: Given: Selling price of TV = $2000Down payment = $1000Installment for the time period = 6 months

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: Fred takes out a loan for $1300 at an interest rate of 5% for a period of 5 years.  Calculate the…

A: Interest, in the context of finance and economics, refers to the cost of borrowing money or the…

Q: Name one potential benefit of using credit cards?

A: A credit card is a payment card that allows the cardholder to borrow funds from a bank or financial…

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.

A: International commerce enables governments to open new markets for goods and services that would…

Q: What is the U.S 6 month interest rate?

A: In the mentioned question we have been asked about the 6-month interest rate of the U.S.

Q: Please write this at least 1500 word. Must write this in 1500 word please and also provide the…

A: The International Monetary Fund (IMF) is an independent international organization and a cooperative…