1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
azamat
2 years ago
13

What are three strategies that you can use to make better financial decisions?

Business
1 answer:
Gnom [1K]2 years ago
7 0

Investments, Savings, and Expenses are the three basic strategies, which can help a person take better and efficient financial decisions on a personal level.

<h3>What are better financial decisions?</h3>

  • The strategies to choose the investments in different assets and debt classes will enable a person to increase his chances of gaining better financial returns.

  • The amount of money, a person decides to save for any future requirements will help him out of the financial crises that may take place in his life.

  • The strategy on where to spend and where not to spend will help a person have more disposable income to fulfill the financial needs in the future.

Hence, the strategies for taking better financial decisions are as aforementioned.

Learn more about financial decision here:

brainly.com/question/19502030

#SPJ1

You might be interested in
A change in quantity demanded is caused only by
romanna [79]

Answer:

A change in quantity demanded is caused only by

A) price

B) a shift

C) Market

D) Income

The answer is Price(A)

Explanation:

Hope this helps :D

3 0
3 years ago
Read 2 more answers
How much should you contribute to the retirement account each pay period to take full advantage of the company match
Varvara68 [4.7K]

d) $16.92

Each paycheck is $22,000/26 times per year = $846.15

Your company will match up to 2% of this. .02*$846.15= $16.92

You should contribute this amount each pay period in order to take full advantage of the "company match" because your company will add that much money into your retirement account on top of what you pay in.

3 0
3 years ago
A bank quotes a stated annual interest rate of 4.00%. If that rate is equal to an effective annual rate of 4.08%, then the bank
Mrrafil [7]

Answer: Quarterly

Explanation:

Annual interest rate = 4.00%

Effective annual rate = 4.08%

To know if the bank is compounding interest daily or quarterly goes thus:

Effective Annual rate can be calculated using:

= (1+Periodic rate)^number of compounding periods - 1

Therefore, we calculate the daily compounding effective annual rate which will be:

= (1+4%/365)^365 - 1

= (1 + 0.04365)^365 - 1

= 4.08%

For Quarterly EAR, this will be:

= (1+4%/4)^4 - 1

= (1 + 0.04/4)^4 - 1

= 4.06%

Therefore, the a bank is compounding interest Quarterly

6 0
2 years ago
If Year 1 sales equal $900, Year 2 sales equal $1008, and Year 3 sales equal $1170, the percentage to be assigned for Year 2 in
kenny6666 [7]

Answer:

The percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is 112%

Explanation:

In order to calculate the percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, we would have to make the following calculation:

Year 2 trend analysis % = $ 1,008 sale in Year 2 / $ 900 Year 1 sale

Year 2 trend analysis % = $1,008 / $900

Year 2 trend analysis %= 112%

The percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is 112%

3 0
3 years ago
If a manager designs the organizational hierarchy based on the characteristics of the organizational environment, he is acting i
Grace [21]

If a manager designs the organizational hierarchy based on the characteristics of the organizational environment, he is acting in accordance with <u>contingency </u>theory.

<h3>What is organizational hierarchy?</h3>

Organizational hierarchy can be defined as the hierarchy that display the rank or  position of an employees from the top level management to lower level management.

On the other hand Contingency theory is a theory that stated that  an organizational hierarchy can arranged based on the features of an organizational environment.

Therefore the manager is acting in accordance with <u>contingency </u>theory.

Learn more about Organizational hierarchy here:brainly.com/question/28169873

#SPJ1

5 0
1 year ago
Other questions:
  • If the first copy cost of a music video is​ $223,000 and the marginal cost is​ $0, then how many copies should the firm sell in
    14·1 answer
  • A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $2,700 and is
    10·1 answer
  • an assessment made against a property to pay for public improvement by which the assessed property is supposed to be especially
    10·1 answer
  • Student loans, car loans, and housing loans are good examples of
    6·1 answer
  • A. Suppose there is a surge in consumer confidence, creating an increase in aggregate demand in the economy. The Federal Reserve
    5·1 answer
  • Mid- and long-term goals are less likely to require adjustments than short-term goals.
    8·1 answer
  • Which of the following is an example of a mixed cost?
    7·1 answer
  • 1. Clark is the kind of manager that values input from his team and likes to involve them in the decision-making process. He pre
    9·1 answer
  • Select the correct answer
    15·1 answer
  • The purpose of the cash flow statement is to:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!