Answer:
I envision myself 10 years from now in a beautiful 2 story house. A nice luxury sports car, and I envision myself being a Real Estate agent.
I would like to be Independent, and learn what is it like to live on my own. And learn new things. I will need to pay for things like: Electricity, Gas, Water, and food. I'll need a stable job, and a reliable car.
It would cost around 1,200$ each month.
It would be 14,400, without taxes.
It's about 15,000 dollars compared to my 14,400 for necessities. So if I work Minimum wage I could afford to live. I would make 600$ less though.
I will be within my Budget, I will be able to afford everything that I need.
I could learn from others who have been successful in their life. And I could work my way up into a company, or make my own based off of the knowledge that I gained from learning from others.
If I stick to a budget, I will have money left over. And it will teach me to be more responsible with my money and it will also teach me to save.
Whenever I could.
Explanation: You can change it, if you want.
Answer:
Equals the foreign exchange rate minus the inflation rate.
Explanation:
Nominal rate of interest refers to the interest rate which does not account for rate of inflation.
It is expressed as
Nominal interest rate = Real interest rate + rate of inflation
Real interest rate is considered to be a better measure since it is adjusted for rate of inflation.
Foreign exchange rate refers to exchange rate between two currencies which is based upon inflation and interest rates prevailing in the respective countries.
He did maximize the utility <span>according to the utility maximization rule</span>.
Answer:
9.39%
Explanation:
Base on the scenario been described in the question, the effective cost of refinancing is 9.39%
Answer:
4.70%
Explanation:
According to the given situation, the computation of dividend yield is shown below:-
Dividend Yield = Expected dividend ÷ Current price
where,
expected dividend is $1.82
And, the current price is $38.70
Now place the values to the above formula
So, the dividend yield is
= $1.82 ÷ $38.70
= 0.0470
or
= 4.70%
Therefore for computing the dividend yield we simply applied the above formula.