What are savings?   Multiple Choice   Additions or subtractions from debt.   Outlays on household related matters that provide benefit beyond the current year.   The day-to-day financial functions of the household.   Cash flows that come from changes in debt.   None of the choices are correct.

Q: Which one of these does not affect the cash flow to creditors? Multiple Choice O O Interest paid on…

A: The "cash flow to creditors" is a financial metric that represents the cash-related transactions…

Q: If a friend who’d never heard of amortization before asked you to explain how loan payments work,…

A: Amortization is a technique used in accounting to decrease the book value of such a loan or…

Q: Default Pay Yourself First Interest occurs when a borrower is unable to meet the obligation of debt…

A: In this case we are given different terms related to finance in general and to use of borrowed money…

Q: eates additional expense without enough benefit through codt savings, income or capital gain, them…

A: Companies use debt in the capital structure because interest on debt is tax deductible and reduces…

Q: What is subprime lending, it's advantages & disadvantages? with real life examples

A: Subprime lending is a type of loan that is offered to individuals with less than ideal credit…

Q: How has your opinion on personal finance changed

A: The personal finance is the finance which is associated with the management and saving of money so…

Q: In your own opinion, what would be the out come or consequences if a debtor failed to settle thier…

A: A debt default occurs when the borrower is unable to pay the money back to the lender at the time…

Q: Why should we call an annuity a periodic payment problem?

A: Annuity- An annuity is a contract between an individual and an insurance company in which the…

Q: How can Kate determine whether sentiments will be able to meet its interest and principal payments…

A: Step 1   Financial statements will provide information related to the company’s revenue, expenses,…

Q: xplain the concept of time value of money in the context of simple interest. How would you use this…

A: Simple interest is the interest calculated above the original contribution to a savings account.…

Q: À savings account should be used for your emergency fund and your O Short-term savings goals O…

A: Savings account is an account where short term funds are deployed with immediate use. It generally…

Q: Credit risk is defined as the inability of _________to meet their debt obligations. For _______the…

A: risk management is a task that requires a huge amount of skill and development. for risk management,…

Q: Explain the differences between actual cash value (ACV) and replacement cost for homeowner’s…

A: The difference between actual cash value coverage and replacement cost coverage is the depreciation.…

Q: Investment interest expense does not include: Multiple Choice O interest expense from loans to…

A: Investment interest expense is the interest paid on money borrowed to purchase taxable investments.…

Q: what is the best thing to consider in solving general ordinary annuity?

A: Annuity means a set of finite number of payments which are the same in size and made in equal…

Q: The term sinking fund is used when we know the sum we need to accumulate and must find the amount of…

A: Introduction: Sinking fund is a type of fund which is used by corporates especially if they want to…

Q: As a middle-class individual, why would you prioritize saving for a retirement fund than imburse  to…

A: Financial planning is an indispensable part of the human race. It assists an individual to prepare a…

Q: Which will result in a higher net worth? I. Paying down debt with cash flows. II. Making regular…

A: Net Worth: The value of all assets less the total value of all obligations equals the net worth. To…

Q: What types of accounts compromise Income? and make up Net

A: Sales are subtracted from the cost of products sold, selling, overall and administrative…

Q: When you borrow money to pay for goods and services, you are using what form of payment? Savings…

A: Payment means the transfer of money or goods and services in return or exchange of any product or…

Q: All of the following typically would be considered when estimated sellers cost except ------…

A: all of the above will be considered as estimated seller cost except " Pre payment Penalty"

Q: What type of retirement account is best?

A: One of the best retirement plan Public provident fund : Public provident fund (PPF) is a government…

Q: What are the primary characteristics of an annuity? ­Differentiate between an “ordinary annuity” and…

A: Annuity represents a series of equal amount of payment / receipt made on particular interval for a…

Q: the event of difficulty in recovering the funds advanced, claim the monies back from the borrower,…

A: A loan is an instrument which is used to raise money. So a borrower can raise money at a defined…

Q: Discounting means: Converting present value of money into future value. Converting annuity due to…

A: TIME value of Money states that money today is worth more than money received in future as the Money…

Q: What are the instances when the debtor loses the benefit of the period? Explain by giving examples…

A: When a period for the performance or fulfillment of an obligation is agreed upon, it is believed to…

Q: What is financial distress, and what happens in financial distress?

A: Whenever an individual faces a condition where he (or she) is not able to meet out for the financial…

Q: RetirementAccounts. Why are retirement accounts more beneficial than other investments that could be…

A: Retirement planning is the process of determining how much money a person will need to live…

Q: Please solve

A: The objective of the question is to identify the correct description of bad debts under the…

Q: What statement about the discount rate is NOT correct?   It is used in converting between future…

A: The discount rate is utilized to determine the present value of the future cash flow. It…

Q: Why is it important to check if debt is decreasing if we have decline in interest expense in…

A: The cost of borrowing funds is referred to as interest expenditure. It is the fee charged by a…

Q: When an individual makes a purchase without considering the financial consequences of that purchase,…

A: The objective of the question is to identify the aspect of financial planning that is being ignored…

Q: What are some of the business applications of the time value of money, and what are some of the…

A: Business applications of the time value of money Time value of money has applications in different…

Q: If the question doesn’t state when payments are made- is the default ordinary annuity?

A: Annnuity is the series of reccuring payment made at regular interval.

Q: Using your own words, briefly (hopefully) explain: (a). What is "retained earning"? How does…

A: Profit earning is the main and basic motive of every firm or business. Businesses use these profits…

Q: What is the real interest rate on your savings account?

A: Real Interest Rate = Nominal Interest Rate − Inflation Rate

Q: hat happens to the interest if I pay more than my payment amount on a car or home loan? What happens…

A: The loans are paid by equal monthly payments that carry the payment for interest and payment for…

Q: What features of a tax-free savings account (TFSA) allow it to be considered a very flexible savings…

A: A tax-free savings account is the one in which the income earned is not chargeable to tax. The…