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SpyIntel [72]
3 years ago
7

The Art of Getting the greatest benefits from limited Financial Resources is called

Business
2 answers:
Inessa05 [86]3 years ago
6 0
It's called living frugally. 
vazorg [7]3 years ago
5 0
I think it would be

Living frugally
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When people die, they usually own property, owe debts, and may be owed money by other people. The probate process is often requi
liq [111]

1. The personal representative of a decedent is known as an executor.

2. In a situation where the decedent does not have a valid will, the court-appointed representative who supervises the probate process is called an <u>administrator</u>.

<h3>What is the probate process?</h3>

The probate process refers to the formalized legal process followed to recognize a will and appoint the executor or administrator (as the decedent's personal representative) to administer the estate and distribute assets to the intended beneficiaries.

The executor or administrator is responsible for supervising the probate process and settling the estate of the deceased or decedent.

Thus, whereas, the personal representative of a decedent is called an <u>executor</u> with a valid will, they are known as <u>administrators</u> when the court appoints them to the office.

Learn more about administering a will at brainly.com/question/25694947

4 0
2 years ago
Assessment won't be valid
Grace [21]
I don’t fully understand, what is the question?
3 0
3 years ago
Read 2 more answers
Question 22(Multiple Choice Worth 4 points)
Kaylis [27]

The portable characteristic of money explains why an old dollar is worth as much as a crisp, new dollar Option C

This is further explained below.

<h3>What is the characteristic of money?</h3>

Generally, Durability, mobility, divisibility, homogeneity, scarcity, and acceptance are all features of money.

In conclusion, Because of money's malleability, a worn dollar is just as valuable as a brand new one.

Read more about the characteristics of money  

brainly.com/question/14108130

#SPJ1

3 0
1 year ago
Chris and Jane have recently financed the purchase of a new home. They have signed a mortgage note in the amount of $250,000 wit
Vadim26 [7]

Answer:

Chris and Jane

The difference in their monthly payment if they had signed this same note for only a 15-year period is:

= $8,346.57.

Explanation:

Mortgage Note Payable = $250,000

Fixed interest rate = 6.25%

Period of the note = 30 years or 15 years

Difference in monthly payment:

30-year period = $9,022.96

15-year period = $17,369.53

Difference =        $8,346.57

b) The computations show that Chris and Jane pay more per month on a 15-year period mortgage than on a 30-year period mortgage.  However, the total interest is more with a 30-year period than with a 15-year period.  This shows that interest expense increases more with longer periods of debt.

From an online financial calculator:

N (# of periods)  30

I/Y (Interest per year)  6.25

PV (Present Value)  250000

FV (Future Value)  0

 

Results

PMT = $9,022.96

Sum of all periodic payments = $270,688.83

Total Interest = $20,688.83

N (# of periods)  15

I/Y (Interest per year)  6.25

PV (Present Value)  250000

FV (Future Value)  0

Results

PMT = $17,369.53

Sum of all periodic payments = $260,542.92

Total Interest = $10,542.92

3 0
3 years ago
The function of accounting includes analyzing, recording, classifying, summarizing, reporting, strategic management and environm
Arlecino [84]
I'm assuming you want to talk about accountants, that is a practitioner of accounting or accountancy. They do disclosure or provision of assurance about financial information. This in turn helps managers, investors, tax authorities and others make decisions about allocating resource.
In the US licensed accountants are Certified Public Accountants (CPAs), or Public Accountants (PAs), this varies from state to state.
6 0
3 years ago
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