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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- describe something you can do to increase your savings for retirement.Tax systems and savingOn 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?
- just part eWrite the different loan terms?Worksheet B-Plan to Save You will need to spend money to achieve most of the long-term goals you set in your life. It could be money to pay for your education, buy a house, raise a family, travel, start a business, and so on. Because you need money to achieve your most valued long-term goals, you also need to create a savings plan as a part of your overall financial plan. Saving is not something that just happens for most people. It is the result of careful planning and controlled spending. Consider Walter, who would like to save $300 per month toward the purchase of a home. Walter's income and spending in the past month are shown below. Use this information to answer the questions that follow. Walter's Income and Spending Income Spending Gross Wages $3,500 Rent/Utilities $728.86 Таxes (830.00) Food 338.32 Interest Earned 60.00 Clothing 175.42 Stock Dividends 120.00 Transportation 425.61 Net Income 2,850 Loan Payments 299.00 Entertainment 400.92 Insurance 231.42 Other 250.45 1. How…