All categories

4 years ago

What are some ways you can 's protect yourself financially in today's digital world of online banking and shopping?

1 answer:

6 0

Online banking and shopping is such a convenience for many people, but it can also be a major risk. By paying with your credit card online versus your debit card, your risk of fraud is lower. Credit cards offer more fraud protection and prevention than debit cards do. Another way to protect yourself online is to not make and financial transactions over an unknown or unsecured WiFi network. Hackers can easily get their hands on your credentials if you make transactions on unsecured networks. Although online banking and shopping makes life so much easier, you also need to keep yourself and your information safe.

You might be interested in

Stemway Company requires a new manufacturing facility. It found three locations; all of which would provide the needed capacity,

PolarNik [594]

Answer:

Location C costs least to the company as it only costs $461,160

Explanation:

We will evaluate all the three proposals

Location A Cost = $500,000

Location B

Down payment = $100,000

Annual year end payment = $50,000 for upcoming 20 years

Present value @ 8% = ( ${\sum \frac{1}{(1+0.08){^1}}+ \frac{1}{(1+0.08){^2}}+ ........ \frac{1}{(1+0.08){^2^0}}}) \times $50,000$ = 9.818 X $50,000 = $490,900

Net Present Value = $100,000 + $490,900 = $590,900

Location C

Payment of $40,000 at the beginning of each year, which means first payment will not be discounted and remaining 24 payments will be discounted.

Thus Present Value = $40,000 +( ${\sum \frac{1}{(1+0.08){^1}}+ \frac{1}{(1+0.08){^2}}+ ........ \frac{1}{(1+0.08){^2^4}}}) \times $40,000$ = $40,000 + 10.529 X $40,000 = $40,000 + $421,160 = $461,160

Thus Location C costs least to the company as it only costs $461,160

7 0

3 years ago

To begin motivating an apathetic associate, a manager informally questions her about her satisfaction with her job's ability to

fgiga [73]

Answer:

Maslow’s need hierarchy

Explanation:

According to Maslow's Hierarchy of needs, there are five stages of needs which are physiological, safety, love, esteem, and self-actualization. As per this theory, newer higher ranking needs start to emerge when an individual is satisfied by the previous need structure.

When a manager questions about her satisfaction with her job's ability to provide safety, social interaction, self-respect, and opportunities for growth, he trying to figure out the stage at which the associate is currently on.

7 0

3 years ago

To encourage borrowers to accept adjustable rate mortgages (ARMs) rather than level-payment mortgages, mortgage originators gene

Anit [1.1K]

Answer:

Teaser rate

Explanation:

A teaser rate is a low, adjustable introductory interest rate advertised for a loan, credit card, or deposit account in order to attract potential customers to obtain the service. The teaser rates are normally too good to be true for the long term, and are far below the common realistic rate for the service. This can he as low speed 0% at the initial stages.

Cheers.

3 0

3 years ago

The common share of Atlanta, corp., is selling for $42 a share and investors require a 15% return on the stock. If two thirds of

dalvyx [7]

Answer:

$4.00

Explanation:

the required rate of return=dividend yield(2/3)+growth rate(1/3)

The dividend yield of the stock is defined as the expected dividend divided by the current share price

dividend yield=expected dividend(in 1 year)/share price

dividend yield=2/3*15%=10%

expected dividend=unknown

share price=$42

10%=expected dividend/$42

expected dividend=10%*$42=$4.20

expected dividend=D0*(1+g)

g=growth rate=1/3*15%=5%

$4.20=D0*(1+5%)

$4.20=D0*1.05

D0=$4.20/1.05

D0=$4.00

7 0

3 years ago

Tyler Hawes and Piper Albright formed a partnership, investing $120,000 and $180,000, respectively. Determine their participatio

Nady [450]

Answer:

a. Both Tyler Hawes and Piper Albright get an equal amount of $147,500 of the net income.

b. Each of Tyler Hawes and Piper Albright get an amount of $112,000 and $116,000 of the shared income respectively.

c. Each of Tyler Hawes and Piper Albright get an equal amount of $102,500 each from the net income.

d. Each of Tyler Hawes and Piper Albright get an equal amount of $95,000 each of the net income.

Explanation:

a. No agreement concerning division of net income.

Net income or loss are of a partnership shared equally when there is no agreement concerning division of net income. Therefore, each partner's participation in the year's net income are as follows:

Tyler Hawes' share = $295,000 ÷ 2 = $147,500

Piper Albright' share = $295,000 ÷ 2 = $147,500

Therefore, each of Tyler Hawes and Piper Albright get an equal amount of $147,500 each from the net income.

b. Interest at the rate of 5% allowed on original investments and the remainder divided in the ratio of 2:3.

Investment interest to Tyler Hawes = $120,000 × 5% = $6,000

Investment interest to Piper Albright = $180,000 × 5% = $9,000

Total interest payments to partners = $6,000 + $9,000 = $15,000

Income to share = $295,000 - $15,000 = $280,000

Tyler Hawes' income share = $280,000 × (2 ÷ 5) = $112,000

Piper Albright' income share = $280,000 × (3 ÷ 5) = $168,000

Therefore, Tyler Hawes and Piper Albright get an amount of $112,000 and $116,000 of the shared income respectively.

c. Salary allowances of $40,000 and $50,000, respectively, and the balance divided equally.

Income to share = $295,000 - ($40,000 + 50,000) = $205,000

Tyler Hawes' income share = $205,000 ÷ 2 = $102,500

Piper Albright' income share = $205,000 ÷ 2 = $102,500

Therefore, each of Tyler Hawes and Piper Albright get an equal amount of $102,500 each of the net income.

d. Allowance of interest at the rate of 5% on original investments, salary allowances of $40,000 and $50,000, respectively, and the remainder divided equally.

Income to share = $295,000 - ($6,000 + $9,000) - ($40,000 + 50,000)

Income to share = $190,000

Tyler Hawes' income share = $190,000 ÷ 2 = $95,000

Piper Albright' income share = $195,000 ÷ 2 = $95,000

Therefore, each of Tyler Hawes and Piper Albright get an equal amount of $95,000 each of the net income.

6 0

3 years ago