Personal finance is a term that covers your money management as well as saving and investing. These contain the budget, banking, insurance, mortgage, investments and retirement, tax, and estate planning. The term often directs to the entire industry that delivers financial services to people and homes and recommends financial and investment options.
Personal dreams and wishes - and plan to fulfill those essentials in your financial obstacle - also influence how you get the above. In order to use your earnings and savings most, it is necessary to be economical. Personal finance helps you learn the difference between good and bad suggestions and make intelligent financial conclusions.
Learn more about Personal finance:
brainly.com/question/28066148
#SPJ4
Answer:
Goldsmiths were the first bankers, and the paper receipts they issued for gold held on deposit became valued as money.
Explanation:
Italian goldsmiths were the first bankers in the world, even the name bank derives from the Italian "banca". Since they had safe vaults, they kept the gold savings from their rich clients, and they started to lend money to other people who needed it. They developed the fractional reserve system because they were able to actually lend more money than the amount of gold that they had in their vaults.
London goldsmiths followed a similar path and they added their own inventions, the check or "cheques" and money transfers.
The measurement of the website’s authority comes down to assessment of the volume and quality of the website's backlinks
Simply put, a backlink refers to series of link from one website which leads to another website.
The number and quality of a website's backlink tells about the quality of the website.
Hence, the measurement of the website’s authority comes down to assessment of the volume and quality of the website's backlinks
Read more about backlinks
<em>brainly.com/question/14364287</em>
Answer:
$1,125.30
Explanation:
The Price of the Bond is its Current/Trading price also known as the Present Value (PV). This is determined as follows :
Fv = $1,000
Pmt = $1,000 × 6% = $160
P/yr = 1
n = 16
i = 14%
PV = ?
Using the Financial calculator to enter the values as above, the Pv is $1,125.30.
Thus, the price of the bond is $1,125.30.