When interest rates are high, then the consumers have a greater incentive to save more, but when interest rates are low, consumer have a greater incentive to borrow more.
<h3>What is Interest Rate? </h3>
This refers to the charge which is given for a particular loan which is replayed after a certain time.
With this in mind, high interest rates are not appealing to customers so they rather save and then borrow when the interest rates are low.
Read more about interest rates here:
Answer:
Mark should include in the letter to avoid litigation charges:
Specific facts about the consultant that can be verified.
Explanation:
False information, sentiment-hurting statements, or personal opinions about the consultant's character should never be found in formal letters that are meant to offer constructive criticisms. This means that only specific facts that are verifiable should be included. Formal letters are not avenues for character defamation. They are called "formal" because they must stick to specific and relevant official purposes.
Answer:
This presentation helps you choose which of the five health insurance options works best for your family.
Explanation:
In this instance the most appropriate statement will be one that helps the employee choose the best plan for themselves.
A statement with the you voice and language that is simple to understand will be best.
The statement - This presentation helps you choose which of the five health insurance options works best for your family. Best embodies these traits that will attract employees to the fair
Answer:
To determine the total amount of money that I will have in my account at the time of my retirement, we must consider the total amount paid into the PIMCO account during the last 15 years, and add to this value the potential amount to be paid in the next 20 years in the Vanguard account.
Thus, during the previous 15 years, I have deposited 700 dollars per month in my PIMCO account, with which I have a cumulative total of $ 126,000 (700x12x15). Also, I will potentially deposit another $ 168,000 (700x12x20) in the Vanguard account for the next 20 years.
Therefore, over the 35 years of savings, once the time has come to retire, I will have $ 294,000 in my retirement investment.
Answer:
b. False
Explanation:
Merging or acquiring American corporations by foreign firms helps them consolidating businesses or assets with a view to increasing productivity, maintaining a competitive edge, growing market share, or controlling supply and distribution networks. It gives them a reputation at the international stage as the United States has a dominant capitalist stand and merging with it ensures a promising future in the business market.
