The reason that it is important for Carl to be financially literate is so that he can learn how to invest his own money and manage it properly so that it continues to grow.
Based on the amount you pay now and the increase in insurance premiums, your annual insurance costs next year would be $6,325.
<h3>What is the next insurance cost next year?</h3>
The annual cost of insurance refers to the amount that is paid in premiums in a year.
That cost is currently $5,500 but will increase by 15%.
= Current insurance cost x ( 1 + rate of increase)
Solving gives:
= 5,500 x ( 1 + 15%)
= $6,325
Find out more on insurance cost at brainly.com/question/4953989.
Answer:
I believe that it is a governmental regulation of business
Explanation:
Answer:
A. 104%
B. 66.7%
Explanation:
A. Calculation for what would be the percentage return earned
Percentage return =($50-$30-30*60%*7%)/30*60%
Percentage return(20-$18*.07)/18=
Percentage return=1.04*100
Percentage return=104%
Therefore what would be the percentage return earned is 104%
B. Calculation for What would have been the return if the investor had notbought the stock on margin
Percentage return=($50-$30)/$30
Percentage return=$20/$30
Percentage return=66.67 %
Percentage return=66.7% Approximately
Therefore What would have been the return if the investor had notbought the stock on margin is 66.7%
Answer:
The answer Is below
Explanation:
The households sector is a sector that consists of people such as consumers or end-users and entrepreneurs that are not into a corporation
Also, this sector has producers and consumers because consumers are the individuals that consume the goods and services produced.
Similarly, there are producers in the household sectors as some individuals produce goods and services for themselves and their immediate environment without going into a corporation. For example, Street food vendors, Cobblers, carpenters, and many more.