Answer:
The correct answer is letter "C": Cut your expenses by an amount greater than your deficit.
Explanation:
In case there is a deficit in your budget, it means your expenses are higher than your net income. An adjustment must be made in such circumstances. To bring back the balance in your budget, <em>you should cut your expenses by an amount higher than the amount of the deficit</em>. Otherwise, you could increase your income but keeping your expenses at the same level.
Hugh is thinking about purchasing Mutual Fund.
A mutual fund is a professionally controlled investment fund that pools cash from many investors to purchase securities. The term is commonly used inside the United States, Canada, and India, at the same time as comparable systems throughout the globe encompasses the SICAV in Europe and open-ended investment employer inside the UK.
Most mutual funds fall into one of four main categories –
- money market funds,
- bond funds,
- stock funds,
- target date funds.
A mutual fund is a monetary car that pools assets from shareholders to invest in securities like stocks, bonds, cash marketplace gadgets, and other property.
Learn more about the mutual fund here brainly.com/question/4521829
#SPJ4
Answer: FVn = P( 1 + r )^n
Explanation:
Compound interest means that the bank is providing you with a return based on the opening balance on your account each year. This opening balance will include the interest earned in the previous year therefore ensuring that the bank will keep paying you a higher interest each year.
The formula is;
<em>FVn = P( 1 + r )^n</em>
Where;
FVn is the future value of the amount after n number of years
P is the money that you deposited
r is the interest rate that the money is being compounded with
n is the number of years
Answer: The preparation phase
Explanation:
The preparation phase of data analysis is a phase where the Data analyst examines the information he got in order to carry out his or her job properly. One if the test he carries out that period is Duplicate testing, it is used to identify transactions with duplicate values in specified fields. It can quickly review files