Answer: 30 people
Explanation:
In general, only half of those spoken to will ask about upcoming discounts so out of 300, the number that will ask for discounts is:
= 300 / 2
= 150 people
Out of these 150 people who ask about upcoming discounts, only 20% will qualify. The number that will qualify is:
= 150 * 20%
= 30 people
Answer:
Part 1: Easy access to funds through a debit card
Part 2: The price of a good or service
Explanation:
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<u>1. Easy access to funds through a debit card</u>
A checking account is among the savings accounts offered by financial institutions. It is the regular or most common savings account in use. Checking accounts are risk-free and hence attract a low-interest rate.
A checking account does not restrict the number of withdrawals, unlike other savings accounts such as the certificate of deposit. Due to this reason, financial institutions have developed a debit card that allows access to the funds in a checking account. A debit card facilitates withdrawal from an ATM or making payments at a POS anytime as long as there are funds in the checking account.
<u>2. The price of a good or service</u>
A consumer with a limited amount of money is most concerned with the price of what they are purchasing. They will likely opt to buy goods and services with relatively lower prices. Economists refer to such goods and services as inferior products, not because of their quality but due to their low prices. As income decrease, the demand for inferior goods increase.
Answer, 4
Explanation: I got it right in odyssey ware
Answer:
a. 7.71%
b. $57.57
Explanation:
a. The computation of discount rate is shown below:-
Discount rate = Risk free rate of return + Market Risk Premium × Beta
Here Common stock will have the same market risk as S&P 500 i.e Beta of Common Stock is 1
= 1.5% + 7.6 × 1
= 7.71%
b. The computation of stock price is shown below:-
Stock price = Expected Stock Value at year End ÷ (1+ Discount rate) + Expected Dividend ÷ (1 + Discount Rate)
= $60 ÷ (1 + 7.71%) + $2 ÷ (1 + 7.71%)
= $60 ÷ 1.0771 + 2 ÷ 1.0771
= $55.71 + $1.86
= $57.57
The video by Elizabeth White should prompt people to make a change in how they handle their finances as it shows how easily our finances can take a turn for the worst.
<h3 /><h3>Why should be manage our personal finances effectively?</h3>
In this TED Talk, Elizabeth White talks about how her's and the Boomer generation's personal finances are in never ending trouble and how they are being blamed for not planning their finances well.
It shows how easily things can change for the worst financially as Elizabeth White went through a tough time.
This shows that it is important to take stock of our finances such that we won't go through what she did and be able to survive financial emergencies. We can do this by saving up and talking to financial planners.
Find out more on the importance of saving at brainly.com/question/15279000
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