I believe the answer is:
1. "EU nations that use the euro lose control over interest rates."
& 4. "The EU is an economic union of European nations."
The interest rates for Euro is controlled by European Central Bank. This bank is established for the members and cannot be controlled by a single member. The economic Union allow the movement of resources among members to move more freely with lesser to nonexistent tarrif or quota..
Answer:
d. fixed-rate mortgage
Explanation:
Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.
On a related note, when the level of inflation is low in a particular country; their current account balance would be high. However, when the level of inflation is high; it results in low growth and as such increases the home country's current account balance, other things being equal (ceteris paribus).
Hence, if you anticipate a higher annual rate of inflation than most people thought, the fixed-rate mortgage would be most advantageous to have on your house because the interest is fixed or constant over the life of the mortgage loan.
A fixed-rate mortgage can be defined as an installment or fully amortizing mortgage loan that has a fixed (constant) interest rate that doesn't change throughout the entire duration of the loan.
This ultimately implies that, an equal amount of money is paid as principal and interest throughout the life of the mortgage loan.
The solution is to open joint bank account. Joint account will allow you to deposit or withdraw cash from your dual income without any fear that one account will get lost. This will help you manage your money and also share it to one of your family members. Your income is safe with you having a joint account because you can monitor it in one transaction only.
Answer:
See below
Explanation:
<u>Common stock</u>
The equity holders have a right to vote on corporate policy. In the case of liquidation, common stockholders are last in line in the distribution of the company's assets.
<u> Preferred stock </u>
The equity holders are paid dividends at regular intervals. Preferred stockholders have a priority in dividends payments over common shares but have no voting rights.
<u>Retained earnings</u>
The profit is used in the business. Retained earnings are profits that a company's management opts to distribute to shareholders as dividends.
<u>Senior debt</u>
The lenders are always paid within a predetermined time. Senior debts are low risk as they are given priority over other debts in repayment.
<u>Subordinate debt</u>
The debt carries more risk and is not the first in line to be paid. In the event of liquidation, subordinate debts are considered last in order of payment.
Answer:
Total PV= $50,032
Explanation:
Giving the following information:
$16,500, $25,700, and $18,000
Cf1= $16,500
Cf2= $25,700
Cf3= $18,000
Discount rate= 9.7%
<u>To calculate the present value, we need to use the following formula:</u>
PV= FV/(1+i)^n
Cf1= 16,500/(1.097)= 15,041
Cf2= 25,700/1.097^2= 21,356
Cf3= 18,000/1.097^3= 13,635
Total PV= $50,032