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Aleks [24]
3 years ago
7

Your friend just opened their first credit card.What advice would you give them before they start making purchases?

Business
2 answers:
Nady [450]3 years ago
7 0

To get at least one small thing under their own name, and to try not to use it as much or else they will be in debt for some time.

Hope this helps you out!! (:

ddd [48]3 years ago
6 0

Answer: Try not to use the credit card too much cause they will be in a LOT of debt if they do use it a lot.

Explanation:

Just did it on everfi

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In the workplace today, more emphasis is being put on mental health. But sometimes, employees don't want to be seen as being una
KonstantinChe [14]

Answer:

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Explanation:

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8 0
2 years ago
Future Value At age 20 you invest $1,000 that earns 7 percent each year. At age 30 you invest $1,000 that earns 10 percent per y
agasfer [191]

Answer:

In the case of age 30, there will be more money at the age of 60

Explanation:

When person start investing at the age of 20 then total year till 60 years age is  = 40 years.

Interest rate (r ) = 7 percent or 0.07.

Investment amount (Present value) = $1000

Now the total amount at the age of 60 years is calculated below.

Total \ amount = Present \ value (1 + r)^{n} \\= 1000 ( 1 + 0.07 ) ^{40}\\= 14974.4578 \ dollars

Now calculate the total amount at the age of 60 years when he invest at the age of 30 and earns interest rate 10 percent. Now the number of years is 30.

Total \ amount = Present \ value (1 + r)^{n} \\= 1000 ( 1 + 0.1 ) ^{30}\\= 17449.4023 \ dollars

7 0
3 years ago
"Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding sha
Ghella [55]

Answer:

Additional paid in capital in excess of par value is any amount of money received through issuing stocks at a higher value than par:

additional paid in capital = ($47 - $5) x 12,000 stocks = $42 x 1,200 = $504,000

Additional paid in capital does not affect retained earnings, so retained earnings should remain unchanged.

8 0
3 years ago
A master plan is devised for
Zinaida [17]
A master plan is devised for C) long-range goals 
6 0
3 years ago
Which is not a part of your budget?
rewona [7]

Answer:

d.) discretionary expenses

Explanation:

We can explain going further into what is each item.

<u>A and B are your income </u>(for this question don’t sweat about the difference between gross and realized). They will constitute all the money you have in that period (the period will depend on the regularity of your income, it could be weekly, monthly, etc.).

Your fixed expenses are the things you will expend money on which, no matter what happens, will not change (it could be your rent, tax, health insurance, etc.).

Discretionary expenses, however, are costs that are things that you WANT, not NEED. It could go anywhere from a new shoe to a new boat (if you´re feeling rich, that is lol). That kind of expense will impact your available money (hey, nothing is free) but is not part of your budget as it is not a planned cost.

However, is important to note that if you wanna be super Monica Geller with your money you should forecast your discretionary expenses. Using your history as a base for calculating will eliminate most of the margin error.  

4 0
3 years ago
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