Think about the primary purpose of amortization schedules and post your thoughts on how society would function if the idea of lending money to individuals and companies and of "amortization" didn't exist. Would we be better off, or worse off, and why?

Q: A bank pays one percent interest on savings account four times a year. What is the actual annual…

A: Interest rate is charged by the lender for using its money.

Q: how is the financial industry within the Caribbean better  off because of social networking sites?

A: Basics :- Caribbean area is of islands. There is moderate potential of growth than giant countries…

Q: Amit is using his money to buy assets like house , commercial land and machines . Write what is he…

A: Disposable Income: Disposable income is the income that remains after subtracting the taxes and this…

Q: how banking contributes to global warming and poor sustainability.

A: With increasing risk of after effects of global warming it is advised for banks to consider their…

Q: in New Orleans, make fixed monthly Sustaining members of public radio stations, such as WRKF in…

A: A monetary donation alludes to a gift given in the type of money to charities, associations,…

Q: You got a birthday gift cars valued at $40.00 which lets you choose to spend on food delivery fees.…

A: We are going to demonstrate the linear relationship between Value of Card and number of deliveries…

Q: Which type of money do we currently use in the United States ?

A: There are different types of money. The most relevant types are commodity money, fiat money,…

Q: What is the best way to do this outside of Excel using Compound Interest Tables

A: When the project has different lives, it will be compare over the least common multiple method

Q: commodity money that has been used in different times in the history

A: Money can be defined as an asset with monetary characteristics which is generally accepted as a…

Q: The use of money as a medium of exchange represents the most important service that money renders.…

A: The use of money as medium of exchange is an important function because it eliminates the problem of…

Q: Determine the Future Value of a Lump Sum of Money

A: The future estimation of money is essential to organizations since it considers the expected rate of…

Q: Secured loans are backed up with assets that the lender can claim in case of default.     True or…

A: Secured loans are the loans in which borrower kept assets as a collateral to lender which then gives…

Q: How does money work in a planned economy?

A: Answer – Money in a planned economy – The planned economy can be of two types- (a) a Socialist…

Q: What challenges would you face if we lived in a society without money and would require a barter…

A: Barter system is a economic system where goods are exchanged in terms of another goods.

Q: How important is CFO in a rural bank? What he can do that others cannot?

A: As a top executive, the chief financial officer is in charge of a company's financial operations.…

Q: A is an example of revolving credit.

A: Credit refers to a ‘contractual agreement’ in which a borrower gets something of value now &…

Q: Would usury laws help or hinder resolution of a shortage in financial markets?

A: Usury law is implemented by the government pertaining to interest on the loans taken by the…

Q: explaining the time value of money concept and its relationship to business and management as well…

A: The time value of money (TVM) is a fundamental concept in finance, which states that money available…

Q: What about part B and C? Thank you

A: In this case, we have to discuss the term complementary good. Complementary goods are those goods…

Q: Why do poor people lack access to financial services?

A: In developing countries, most of the poor or underprivileged people lack proper access to financial…

Q: What is the role of commercial banks in the economy? Why are they important?

A: There are some business cycles which have to be known by the business management and also the…

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: You may be tempted to think you’re all set once you have a checking account, but it’s important to…

A: Checking accounts are the accounts that help to use the money whenever required. They are considered…

Q: Can we trust financial intermediaries?

A: In most cases, financial intermediates function as middlemen in transactions involving banks or…

Q: What is the sharing economy phenomenon? Give a thorough explanation!

A: It is economic system define peer to peer base  It also incluse buissness to buissness intraction…

Q: Why do the creditors generally charge higher interest rates on new borrowing?

A: The interest rate is the amount that the creditor charges with the principal from the borrower to…

Q: When is the simple interest scheme used?

A: Simple interest is a method which is used to calculate interest charged on fixed deposit, loan and…

Q: what is the importance of investing in Bitcoin

A: Bitcoin refers to a decentralized digital currency which does not have any central bank or a single…

Q: 2. You owe your best friend P2,000. Because you are short on cash, you offer to repay the loan over…

A: The amount that a lender adds to the principle to compensate a borrower for using assets is known as…

Q: if you were living in a country where there was no financial system, discuss the options you would…

A: Retirement: When an individual reaches an age limit where he either willingly choose to end his…

Q: A) How are credit markets different from goods markets and what are the major imperfections of…

A: Note: In the BNED Guidance, only the first question can be answered at a time. Resend the question…

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: write in 3 paragraphs what financial institutions are

A: Financial institutions provides variety of services ranging from deposits, lending and investments…

Q: what are zero-coupon bonds also called?

A: Answer: A zero-coupon bond is a bond that is sold at a discounted value or lesser value than par. It…

Q: What is legal tender money plus What is fiduciary money?

A: Money: - money is an object that measures the value of goods and services in an economy and also…

Q: s and explanatio

A: The process of risk quantification by assigning numbers being comparable and measurable to the…

Q: What is Financing Activities? Give some examples?

A: Financing activities are investments containing long-term commitments, owner's equity and short-term…