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stiks02 [169]
1 year ago
12

in order to get clarity on your money goals and have a powerful reminder to keep you on track, you need to

Business
2 answers:
belka [17]1 year ago
3 0

In order to get clarity on your money goals and have a powerful reminder to keep you on a track, you need to write down goals.

<h3>What is Financial goals ?</h3>

Financial plan is any estimation of money goals. One can have short-term and long-term goals. For example, saving $500 is a short-term goal, but  investing for old age is a long-term financial goal. Your goals should make you focus and keep you on track.

  • Have specified goals, For example increasing income is not a goal, increasing income by $500 is a goal.
  • Make a deadline, Have a deadline for every single financial goal.
  • Write them down, Just making a goal and remembering it in mind doesn't works.
  • Divide them in parts, dividing goals in parts make them achievable.

Writing down goals helps to get clarity on your money goals and to keep you on a track. because having them in mind creates a blurred vision but writing them down makes them clear.

Hence writing down goals help having clarity on your money goals.

Learn more about money goals here:

brainly.com/question/11508361

#SPJ2

Tasya [4]1 year ago
3 0

Answer: When making your money goals, make sure they are measurable. Specifically give them a time frame and an amount or percentage.

Explanation:

Those indicators will help you move through your money goals faster to reach your big life vision.

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Suppose you buy a home and borrow $176,000 using a 30 year mortgage with an annual interest rate of 3.20% (compounded monthly).
kipiarov [429]

Answer:

Explanation:

Rate of interest =  3.2 / 12 = .266667

No of terms = 12 x 30 = 360

amount = 176000

PMT = $ 761.14

Now the instalment is increased by 10% so

the instalment becomes = 761.14 + 76.11

= #837.25

No of years required from table

= 25.74 years.

5 0
3 years ago
A monopolist will find that its marginal revenue curve Grupo de opciones de respuesta Lies below its demand curve and has the sa
alexdok [17]

Answer:

Lies below its demand curve and is steeper than its demand curve.

Explanation:

The marginal revenue curve for a monopolist lies below the demand curve because of the quantity effect. The quantity effect refers to the fact that even a monopolist must lower its price if it wants to sell a larger quantity of goods or services.

The slope of the marginal revenue curve is steeper than the demand curve because it reflects the market power of the monopolist. Instead, the marginal revenue curve for a perfectly competitive firm (with 0 market power) is horizontal or perfectly elastic.

5 0
3 years ago
Fortune Enterprises is an all-equity firm that is considering issuing $13.5 million of perpetual debt. The interest rate is 10%.
Nuetrik [128]

Answer:

d. Debt holders get $0 mil. under the unlevered plan vs. 0.6075 mil. under the levered plan

Explanation:

interests paid to debt holders = $13,500,000 x 10% = $1,350,000

generally, interest revenue is taxed as ordinary revenue = corporate income tax rate (if debt holder is a business) or personal income tax (if debt holder is an individual).

under the first plan, debt holders get nothing because there is no outstanding debt since the company is an all equity firm.

under the second plan, if the personal tax rate on interest income is 55%, which is really high, the debt holders will earn $1,350,000 x (1 - 55%) = $607,500

8 0
3 years ago
The quantity demanded of cereal increased from 1,350 to 1,700 when the price of milk decreased from $2.05 to $1.65. What is the
Iteru [2.4K]

Answer:

-1.33

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good X to changes in price of good Y.

Cross price elasticity of demand = percentage change in quantity demanded of good X / percentage change in price of good Y

Percentage change in quantity demanded = (1700 / 1350) - 1 = 0.2593 = 25.93%

Percentage change in price = (1.65 / 2.05) - 1 = -0.1951 = -19.51%

25.93% / -19.51% = -1.33

I hope my answer helps you

8 0
3 years ago
What is a mortgage?
ddd [48]
A mortgage is a type of loan used to buy property, the bank gives you the money at an interest rate, but takes possession of your properties until you pay back the loan. The answer would be B!

Have a nice day! :)
3 0
3 years ago
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