A person who inherits a lot of money won't need financial literacy skills because he is already rich. A. True B. False

Business

2 answers:

yan [13]3 years ago

8 0

Answer:

False

Explanation:

I believe that when you inherit money from a deceased relative, its wise to seek literacy.

Svetradugi [14.3K]3 years ago

4 0

Answer: B. False

Explanation: They will need financial literacy skills. This means that they learn how to manage their money. Many people have gone bankrupt because they don’t know how to spend money and not to waste it.

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andrew11 [14]

Answer:

Explanation:

<u>First - if we upgrade the Car</u> :

Current cost of fuel in car - 12000/25*2.65 = 1272$

after upgrading the car , cost of fuel in car - 12000/40*2.65 = 795$

Net saving in fuel cost - 1272-795 = 477$

<u>Second - if we upgrade the Truck </u>:

Current cost of fuel in truck - 12000/10*2.65 = 3180$

after upgrading the truck , cost of fuel in truck - 12000/12.5*2.65 = 2544$

Net saving in fuel cost - 3180-2544 = 636 $

So, we should upgrade the truck, because it will give more saving in fuel cost.

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CAR - 477/2.65 = 180 GALLONS

TRUCK - 636/2.65 = 240 GALLONS

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Answer:

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Explanation:

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Answer:

They will go broke

Explanation:

because if they spend over budget thats not enough money so they will be broke

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