Answer:
These steps can help you when building an emergency fund in college:
Set a goal for how much you need.
Consider your total monthly income and expenses.
Determine what expenses are necessary.
Decide how much you're going to save every month.
Consider how you're going to get what you need.
Explanation:
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Answer:
Roth IRA account
Explanation:
The best type of account that you should save money in for Retirement is a Roth IRA account. This will allow you to put and save a maximum of $5,500 USD per year which will compound annually with interest and can be redeemed when you retire. Once you redeem your money at the age of 65 1/2 it will be completely tax-free. Meaning you have no liabilities with that money whatsoever and you can simply enjoy your retirement with that money.
Answer:
The answer is D.
Explanation:
Short selling is a trading strategy that speculates on the fall or decline of a particular security price.
Here, investor borrows a stock from a dealet, sells the stock, and then purchases the stock back to return it to the dealer. Short sellers are hoping that the stock they sell will fall or decline.
The maximum possible loss is unlimited because the price increase (which will be at a disadvantage to the investor might not be known).
A bank with a simple interest savings plan will automatically transfer money from your paycheck to your savings account, letting you save without any extra effort.
Simple interest allows your money to earn money, so you have to save less.
<h3>What Is Simple Interest?</h3>
Simple interest is a quick and easy method of calculating the interest charge on a loan.
Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.
<h3>Where is simple interest used in real life?</h3>
Application of Simple Interest:
In our daily lives, sometimes, we come across a situation where we need to borrow money from a bank, post office or a moneylender for a specified period.
At the end of this period, we must pay back the money we had borrowed plus some additional money for using the lender's money.
Learn more about simple interest here:
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brainly.com/question/1325643</h3><h3 /><h3>#SPJ4</h3>
Question: What is the purpose of the federal reserve's federal open market committee and its activities?
Federal Open Market Committee. The Federal Open Market Committee, or FOMC, is the Fed's monetary policymaking body. It is responsible for formulation of a policy designed to promote stable prices and economic growth. Simply put, the FOMC manages the nation's money supply.
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