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4 years ago

Whats the difference between financial planning and financial goals

Business

1 answer:

defon4 years ago

5 0

Answer:

Financial Goals are the personal objectives that you want to achieve by setting up how to save and spend money. Examples like saving money to buy a house, saving for retirement, starting a business, paying off student debts, etc.

Financial Planning is to evaluate your current financial condition and create a plan to keep you on tract on achieving your goal. You'll need to address current savings, investments, taxes, insurances and consider any future income needs, vacations, etc. anything that will affect you financially.

Explanation:

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Which of the following is considered an order winner in an automobile? Select one: a. A comfortable seating arrangement that is

Vinvika [58]

Answer:

The answer is: D) A good-quality radio particular to that brand of automobile

Explanation:

An order winner is a product´s characteristic that will make a client decide to purchase the product. Order qualifiers are products´ characteristics that makes the product be considered as a purchase option by customers. Order qualifiers are like minimum market standards that products must meet to be able to compete in that market.

In this question the only characteristic unique to the car manufacturer was the good quality radio (order winner). All the other characteristics were similar between brands or car designs.

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4 years ago

Breaking up a web page into its components to identify worthy words/terms and indexing them using a set of rules is called

stiks02 [169]

This describes parsing the documents, which means breaking them down into words and data that can be searched, stored, or used in other ways to improve the site.

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3 years ago

Greta is concerned that one of the potential market segments she has identified for her dog grooming service is too small and ha

Mars2501 [29]

Answer: substantial

Explanation:

From the question, we are informed that Greta is concerned that one of the potential market segments she has identified for her dog grooming service is too small and has too little income to have sufficient buying power.

The above analysis shows that Greta is concerned with whether the substantial segment. A segment is said to be substantial when the said segment is big and therefore should be worth targeting and the members of this particular segment should have buying power.

4 0

4 years ago

LCM of 36 48 50 and 80 can you please help me

Keith_Richards [23]

It should be 2, that is the smallest number they can all be divided by that is not 1 or 0

4 0

4 years ago

TREMAINE:

WITCHER [35]

The amount of money he will save by paying an extra $15,000 upfront is $11,974.80.

Loan = Cost - Down payment

Loan = $145,000 - $15,000

Loan = $130,000

Given Information

P/Y= 12, C/Y=12

N= 30*12= 360

I/Y = 4.38

PV= -130,000

Monthly payment = PMT(C/Y, N, I/Y, -PV)

Monthly payment = $649.45

Total interest over the whole term = Monthly payments * Number of payments - Loan

Total interest over the whole term = $649.45*360 - $130000

Total interest over the whole term = $103,802

If waited to have down payment of $30,000: The Loan= $145,000 - $30,000 = $115,000

Given information

N= 30*12= 360

I/Y = 4.38

PV= -115,000

Monthly payment = PMT (N, I/Y, -PV)

Monthly payment = $574.51

Total interest over the course of the mortgage = $574.52*360 - $115,000

Total interest over the course of the mortgage = $91,827.20

Money saved by paying extra $15,000 upfront = $103,802 - $91,827.20

Money saved by paying extra $15,000 upfront = $11,974.80

Therefore, the amount of money he will save by paying an extra $15,000 upfront is $11,974.80.

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5 0

2 years ago

Read 2 more answers