When you pay $10 for chicken you ordered for dinner, you are using money as a(n) Group of answer choices store of value. investment good. unit of account. medium of exchange.

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: Identify briefly five questions a money manager should ask before recommending suitable investments…

A: ​Money manager is the financial advisor that helps its clients to invest their money in appropriate…

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: True/False (Explain): A savings account with annuity due will accumulate more interest amount than a…

A: In finance, an annuity is a series of equal payments made at regular intervals, such as monthly,…

Q: The amount which from the transaction entered by the person who borrows money called the debtor or…

A: Answer-

Q: Interest:

A: ‘Interest’ is the payment that needs to be paid by the ‘borrower’ to the ‘lender’.   In other words…

Q: All things been equal,how can increase in interest rate affect the demand for money? (a). Demand…

A: Demand for money represents the desire of people to hold financial assets in the form of cash and…

Q: Don't use ai to answer I will report your answer Solve it Asap with explanation and calculation

A: Role of MoneyMedium of ExchangeUnit of AccountStore of ValueShen can easily determine that the price…

Q: It is given that savings is $600 and income is $1300 Calculate APS

A: It is given that:- Savings of the household = $600 Income of the Household = $1300

Q: It is not smart to make small purchases on a credit card because they can pile up and end up costing…

A: When talking about credit card, it is the facility provided by financial institutions to the people…

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: How do you keep emails from someone that have gone to the Junk Email folder from going there in the…

A: Here are the steps to follow to keep legitimate emails from going to spam (junk email)Step 1:…

Q: You borrow $1,000 from a bank to buy a car to use in your pizza delivery business. IS THIS AND…

A: Savings are a type of income which is kept by the consumer after paying all his expenditure. When…

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: True or false question: Making minimum payment will result in paying off your cards eventually?

A: Credit cards are a type of payment card that allows the holder to borrow funds from a financial…

Q: Match the columns Protection of your money A.  If this is not done, control over finances can be…

A: Banking has become the lifeline of every economy. This is due to the fact that banking offers…

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 a CMO is made   O a. Issuer bundles the real estate loans   O b. Banks lends money to…

A: Collateralized mortgage obligations or CMOs are a type of financial loan for a car. The holder of…

Q: A bank ATM mistakenly dispenses $100 bills instead of $10s: what is likely to happen

A: Dispensing $100 banknotes instead of $10 bills by mistake.

Q: The writing should be in print, not in handwriting By no more than one page, Explain type of…

A: Portfolio Officer This is the place in which the different single projects and programs all over the…

Q: Explain with an example that money has time value?

A: Time value of money talks about the difference between the amount of money  one has today and the…

Q: Veronica's income is $4,000 a month. She deposits $800 in a saving account, buys $300 worth of…

A: Transaction demand for money: In economics and finance, the transaction demand for money is the sum…

Q: Insurance Many renters choose to have their belongings insured against damage or theft. The amount…

A: An insurance premium is the amount of money paid for a policy by an individual or a corporation. It…

Q: What is a good exercise that you can perform if you want to reduce the amount of money that you…

A: Money refers to a unit of account and the value of different commodities can be expressed in…

Q: Mention one money mistake you think people make and why do they do it. Explain your reasoning

A: The economies around the globe tend to have various entities, who conduct various economic and…

Q: Question 1: An American family goes on vacation to see h to r beautiful city of Cambridge England.…

A: Exchange Rate is defined as the price of one country's currency in terms of another country's…

Q: Explain in no more than 5 sentences. Why is there is a need to follow certain financial precautions…

A: Answer - Need to find- Why is there is a need to follow certain financial precautions when writing…

Q: Your 13-year old cousin knows that you are in college and learning corporate finance. She is very…

A: Compounding is the process of generating earning on an investment's earnings.Finding the present…

Q: Please check if information is accurate. Please include stuff I have missed.

A: What is (RRSP) A Registered Retirement Savings Plan (RRSP) is a retirement reserve fund and…

Q: Calculate the value of APS if Savings is $320 million and income is $420 million

A: The information being given to us is as follows:- Savings = $320 million Income = $420 million We…

Q: For credit card accounts, the interest rate is normally expressed as the Annual Percentage Rate.…

A: A credit card refers to a rectangular piece of plastic which is issues by a bank or a financial…

Q: Higher interest rates are likely to Group of answer choices decrease consumer spending and increase…

A: Consumers use their income for both spending and saving. Consumption is the portion of revenue used…

Q: Calculate the value of APS if savings is $990 and income is $2100

A: The information we have is as follows:- Savings = $990 Income = $2100 We have to calculate the value…

Q: What will the value of spending be if you had $1300 in savings and $2250 in income

A: Given,   Income (Y) = $2250Saving (S ) = $1300

Q: At a military base in Texas, Corporal Stan Moneymaker has been offered a wonderful savings plan.…

A: The Internal Rate of Return (IRR) is a measure of the return on an investment that takes into…

Q: List the elements of Transactions involving Interest?

A: Interest is a charge made to a lender in addition to the principal by a borrower, and it is a…

Q: ____________ is the extra sum the money lender charges from the borrower for deferred payment a.…

A: Deferred payment is a commonly known method of valuing a liability, making it easier to immediately…

Q: Please solve fast with correct answer and explanation

A: To find out how much money Andy will allocate to each area, let's calculate:Church offering: 10% of…