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mina [271]
3 years ago
15

When it comes to saving money, what is a good rule of thumb? AKeep most of your savings in your checking account BPut aside mone

y for savings each month CChoose the savings account with the lowest interest rate DPut anything you can’t afford on your credit card
Business
2 answers:
xxTIMURxx [149]3 years ago
8 0

I believe the answer is: B. Put aside money for savings each month

By putting aside the money directly to your investment or saving account as soon as you receive your salary, you would eliminate the risk of you going too far and used it for your consumption. Also as a rule of thumb, it would be good for your financial health if you do this to 20% of your total income.

9966 [12]3 years ago
5 0
<span>When it comes to saving money, what is a good rule of thumb?

</span>B.Put aside money for savings each month 
                                                                             Good luck! :)
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SID Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you want to invest in the funds toda
zhenek [66]

Answer: D. must purchase shares of the open end fund in the primary market from the investment company and shares of the closed end fund in the secondary (stock) market.

Explanation:

Open ended funds have the power to issue unlimited shares and sells directly to investors which means that to purchase from them after they have launched, one would need to do so through the primary market from the investment company itself.

Closed-end funds however raise a fixed capital by issuing an Initial Public Offering and then the shares of the fund will then be listed in a stock exchange. To buy into such funds after a few years, you will have to go through the secondary market and buy it in the stock market.

8 0
2 years ago
A+piece+of+land+produces+an+income+that+grows+by+5%+per+annum. +if+the+first+year’s+income+is+$10,000,+what+is+the+value+of+the+
Aleonysh [2.5K]

If a piece of land produces an income that grows by 5% per annum. The value of the land is $200,000.

<h3>Present value of the land</h3>

Using this formula

Present value=Income/Rate per annum

Let plug in  the formula

Present value=$10,000/0.05

Present value=$200,000

Therefore If a piece of land produces an income that grows by 5% per annum. The value of the land is $200,000.

Learn more about Present value of land here:brainly.com/question/14958247

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6 0
2 years ago
Mercury Company sells tickets in advance for its weekly productions and records the proceeds as Unearned Revenue. At the end of
sattari [20]

Answer:I did the calculations and i believe i got it right.

Explanation:

Mercury sold 500 tickets at $40 a piece, okay, still with me, good. Yet, only 450 tickets were used during the month. What that mean is to minus 50 tickets. 50 multiplied by $40 is $2000. 500 multiplied by $40 equals to $20000. $20000 minus $2000 is equaled to $18000. They also had a Unearned Revenue account that had a credit balance of $5000. So, that means they should be in "debt." They should have $-15000. Add $2000, it is equaled to $-13000. So it should be $-13000. If wrong, i'm sorry.

8 0
3 years ago
What is the longest period of time that a forbearance may be placed on your account at one time?
astraxan [27]

Answer:

The longest period of time that a forbearance may be placed on your account at one time is 12 months.

Explanation:

Forbearance is an option people have to postpone the payments of a student loan for a set period of time for reasons like: going back to school, a low salary, unemployment, or a disease. It is a temporary relief for someone that can't pay the loan for a specific situation they have.

5 0
3 years ago
________ are the per-unit costs of production that will fluctuate depending on how many units or individual products a firm prod
postnew [5]
Variable costs are the per-unit costs....
3 0
3 years ago
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