Answer:
1) Auto loan - a lot of people take auto loans to purchase their dream car although it considered as a bad debt as a car usually is very expensive.
2) potential debt I wouldn't mind getting into would probably be something for myself aka self development. investing in yourself by borrowing for more education or to consolidate debt. it can increase your ability to save for the future, build wealth, etc.
The first step is planning and strategic management. Strategic planning is a hierarchical administration action that is utilized to set needs, center vitality and assets, reinforce operations, guarantee that representatives and different partners are progressing in the direction of shared objectives, set up assertion around expected results/comes about, and survey and alter the association's heading in light of an evolving situation.
Answer:
PV= $67,556.42
Explanation:
Giving the following information:
Future value (FV)= $100,000
Number of periods (i)= 5*2 = 10
Interest rate (i) = 0.08/2 = 0.04
<u>To calculate the initial investment (PV), we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 100,000 / (1.04^10)
PV= $67,556.42
Answer:1. Fixed Cost
...2. Variable cost
3. Farmland.
Explanation:
Fixed cost remains fixed no matter the change in output eg cost of building, whereas a variable cost change as the level of output increase e.g raw material cost.
The land is example of fixed cost to a famer which does not vary with the level of output.