Most credit scores – including the FICO score and VantageScore 3.0 – operate within the range of 300 to 850, and a good credit score is typically one that is 700 or above.
Answer:
The Economic Stabilization Fund is also known as the rainy day fund.
Explanation:
This is a fund that the state of Texas (and many other U.S. states) can access in times of economic distress, in order to fund state spending.
The reason for this is that Texas, by it's constitution, must run a balanced budget, meaning that it cannot take on debt in case of deficit. This is why, in times when revenues do not match expenditures, the rainy day fund can be used as an option of last resort.
Answer:
$548
Explanation:
Calculation for the present value
Using this formula
= P / ( 1 + r ) ^ t
Where,
P represent Principal=1,000
r represent rate=12.78%
t represent Time= 5 years
Let plug in the formula
P=$1,000/(1+0.1278)^5
P=$1,000/(1.1278)^5
P=$1,000/1.825
P=$548
Therefore the present value of $1,000 to be received in 5 years is $548 if the discount rate is 12.78%.
Answer:
Following are the solution to the given question:
Explanation:
Its information to respond to this query is not enough. A real income or losses shall get into relation to the gross income received by the donor by providing gifts 1 through 10 or net loss earned by the donor through gifts 11 to 20.
