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Svetach [21]
2 years ago
10

The problem of bankruptcy is associated with misuse of credit in the ______________ component of financial planning.

Business
1 answer:
MrRissso [65]2 years ago
4 0

The problem of bankruptcy is associated with the misuse of credit in the <u>borrowing</u> component of financial planning.

Making a plan for your future, specifically one that addresses how you will handle your finances and be ready for any potential expenses and problems is known as financial planning.

Policy creation in relation to borrowing and lending, cash management, and other financial activities results from financial planning. Such policies will aid in making crucial decisions for the management of capital and achieving financial activity coordination.

To know more about financial planning, click here:-

brainly.com/question/21780268

#SPJ4

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You have graduated from college but unfortunately have $39,000 in outstanding loans. The loans require payments of $3,435 per ye
vladimir1956 [14]

Answer:

15.44 years

Explanation:

Using both excel rate function and financial calculator, the time taken to repay the debt can be computed thus:

Excel rate function:

=nper(rate,pmt,-pv,fv)

rate= interest rate=4%

pmt=yearly payment=c

pv=loan oustanding=-39000

fv=the balance after all payments should be zero=0

=nper(4%,3435,-39000,0)= 15.44 years

Financial calculate

PMT= 3435

RATE=4

PV=-39000

FV=0

CPT N=15.44 years

This means a payment of $3,435 per year for 15 years  and $ 1,511.40  ($3,435*0.44) in the sixteenth year

3 0
3 years ago
Efficiency in markets is generally increased by the discipline of
anygoal [31]
It might be the Employees. Lol, not sure.
3 0
3 years ago
Which best describes what financial planning skills ultimately enable an individual to do
Liula [17]

Answer:

Prepare for the future

Explanation:

Personal financial planning is the term used to describe the way an individual or a family manage their finances to meet their short-term and long-term goals. It involves developing personal financial goals and making plans on how to achieve them.

In developing and making plans, an individual considers the current and expected future income, present and expected expenditures such as medical health insurance expenses and school fees. An individual may opt to engage the services of a personal finance manager who advances on the savings and investments required to achieve the intended goals. Financial Planning Planning assists one prepare for the future.

4 0
3 years ago
Read 2 more answers
Under which model of oligopoly are firms more likely to engage in a price war, driving down prices to marginal cost and resultin
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Answer:

The price leardership model of oligopoly

6 0
4 years ago
How LinkedIn’s weekly invite limits are affecting marketers?
grandymaker [24]

Answer:

B2B marketers and businesses who rely on LinkedIn for lead generation are greatly affected by these new limits. The growth of their business greatly depends on the outreach and 100 connection requests per week is just not enough.  

However, when there’s a problem, there’s always a solution.  

Here are some best ways to help you get beyond the new LinkedIn limits:

  • USE EMAILS TO SEND INVITES
  • CREATE AN AMAZING CONTENT STRATEGY
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LinkedIn’s new weekly limit has some benefits but a number of drawbacks for B2B marketers and business owners.

8 0
3 years ago
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