Answer: the ability to borrow money is called credit
Explanation:
This ability to borrow money is called having credit. ... The money you owe is called debt. The money you borrow is yours to spend, but remember: when you borrow money, you're taking on a real responsibility to pay the money back! You need to make monthly loan payments and usually have other costs called interest and fees.
The answer is C. Earn more money
Gros income is the amount of money you earn in your paycheck from work. This after all deductions (such as taxes) are dealt with. So in all it's the amount of spending money you are paid. The only real way to change this is to make more money, therefore; your answer is C.
Answer:
see below
Explanation:
Simple interest is a method of calculating gains or yields from savings, deposits, or credit. In simple interest, the interest earned is a constant figure throughout the life of an investment or loan. Simple interest is usually expressed as a percentage, called the interest rate. It is calculated by multiplying the interest rate by the principal amount and by the time. The interest rate quoted applies for a year.
Unlike simple interest, interest earned in compound interest increases every year. Compounding interest refers to the practice of adding interest earned to the principal amount. An increase in the principal amount results in an increase in the interest earned. Due to the compounding effect, a compound interest-earning account will yield more interest than a simple interest-earning account.
Answer:
Adds some updated features to product information, that way, he can effectively utilize the wiki feature as he so desires.
Answer:
The correct answer is option A.
Explanation:
Money can be defined as an object that is widely used as a medium of exchange in economic transactions. The primary function of money is to act as a medium of exchange for goods and services.
Other than that money also performs a number of secondary functions. It acts as a store of value, unit of account and standard of deferred payments.
Money can be of different types such as commodity money, bank money, and fiat money.
