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mezya [45]
3 years ago
12

Which results are more likely for someone without personal finance skills? Select three options.

Business
2 answers:
Tema [17]3 years ago
6 0

Answer:

Which results are more likely for someone without personal finance skills? Select three options.

1) larger long-term credit or loan costs

2)less preparation for emergencies

3)fewer utility expenses

4)simple long-term investment strategies

5)increased long-term challenges

Explanation:  ANSWER 1,2,5

KiRa [710]3 years ago
4 0

Answer:

larger long-term credit or loan costs

less preparation for emergencies

increased long-term challenges

Explanation:

Personal finance involves planning and managing individual or family financial activities such as income generation, saving, spending, insurance, and investments. The process of managing personal finance is through budgeting and the development of a  financial plan.

Personal finance can be done by oneself or with the help of a personal financial manager. The objective is to help one meet both their short term and long term financial goals. Personal finance planning assists one meet expected future expenditures such as retirement while preparing them for unforeseen emergencies.

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Suppose the government raises income taxes, so consumers have less take-home pay. this policy action will cause a(n)
lyudmila [28]
Hey <span>darwintoribio6449, thanks for submitting your question! 

The answer to your question is aggregate demand.

</span><span>Aggregate demand is the total </span>demand<span> for final goods and services in an economy at a given time. It specifies the amounts of goods and services that will be purchased at all possible price levels.

This is the </span>demand<span> for the gross domestic product of a country.
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5 0
3 years ago
A customer, age 45, invests $100,000 in a variable annuity contract. It imposes an 8% charge if the contract is surrendered with
qaws [65]

Answer:

the client should wait 10 more years until the contract is worth $180,000 since he will earn a slightly higher interest rate

Explanation:

we must determine the effective interest earned by the client if he accepts the company's proposal:

future value = present value x (1 + r)ⁿ

121,000 = 100,000 x (1 + r)⁵

(1 + r)⁵ = 121,000 / 100,000 = 1.21

⁵√(1 + r)⁵ = ⁵√1.21

1 + r = 1.0389

r = 0.0389 = 3.89%

if the client waits 10 more years until he is able to annuitize the account, he should earn:

180,000 = 100,000 x (1 + r)¹⁵

(1 + r)¹⁵ = 180,000 / 100,000 = 1.80

¹⁵√(1 + r)¹⁵ = ¹⁵√1.80

1 + r = 1.03996

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8 0
4 years ago
When ziggurat enterprises was preparing to roll out a new performance management system, jenna, the human resource executive, in
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Answer:

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3 0
4 years ago
Resolve (7x+19)/(x+1)(x+5) into partial fraction​
Volgvan

Answer:

\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}

Explanation:

The given expression is  

\dfrac{7x+19}{(x+1)(x+5)}

We need to resolve this into partial fraction.

The form of the partial fraction decomposition is

\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{A}{x+1}+\dfrac{B}{x+5}        ...(1)

\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{A(x+5)+B(x+1)}{(x+1)(x+5)}

7x+19=Ax+5A+Bx+B

7x+19=(A+B)x+(5A+B)

On comparing both sides, we get

A+B=7      ...(2)

5A+B=19    ...(3)

Subtract (2) from (3), we get

4A=12

A=3

Put A=3 in (1).

3+B=7

B=4

Put A=3 and B=4 in (1).

\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}

Therefore, \dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5} .

5 0
3 years ago
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