I believe the answer is: Savings
When you experience a sudden emergency without preparation, you would most likely take out some percentage of money from your life savings to survive the crisis.To prevent this, most people decided to set aside an emergency fund at their banks or covered their risk by buying insurances.
Answer:
Simple rate of return is 5.8%
Therefore option (a) is correct option.
Explanation:
It is given that purchase cost = $793800
Company saving per year = $133000
Yielding = $21200
Annual depreciation = $88200
Annual profit = $133000 - $88200 = $44800
Net investment is equal to = $793800 - $21200 = $772600
Simple rate of return 
= 5.8%
Therefore simple rate of return is 5.8 %
So option (a) is correct.
Answer:
They sold 40 shirts and 40 magazine subscriptions.
Explanation:
profit per shirt = $5
set up costs = $40
profit per magazine = $4
S = shirts
C = setup costs
M = magazine
5S - C = 4M
S = M so we replace
5S - 40 = 4S
5S - 4S = 40
S = 40
They sold 40 shirts and 40 magazine subscriptions.
Answer:
The amount of taxpayers that are part of the "older generation" is slowly rising and is higher than the amount in 1997.
Explanation:
Remember to run a successful government, you must have the income in which to run the government programs. Most of these funds come from taxpayer's. In this case, it is clear that younger people generally make more as well as are generally healthy, leading to a large amount of input of money into the government, with fewer withdrawals. This would give a huge boost to the government budget. Older people on the other hand tend to not work as much, so their taxes are generally lower. They also withdraw more from the Government through Social Security, and so leaves the government with a negative balance from them in most cases.
The chart on the other hand shows a <em>increase of percentage of older people</em>, which leaves a large gap in between the surplus and the spending, leading to a decrease of funding for the government. If this continues, the government would lose money, and would have to cut programs or face collapse. To fix this, they either have to, like stated above, cut programs, or give more taxes. Both are unacceptable to the American Public, which is what makes the government, as well as the average citizen, worried about the US government's funding surplus.
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Answer:
The principal balance is $151,573
Explanation:
For computing the principal balance, we need the following calculation which is shown below:
1. First we have to compute the 1 month interest payment which equals to
= Note amount × rate × 1 month ÷ total months in a year
= $152,000 × 14% × 1 ÷ 12
= 1773.33
2. Now deduct the first month interest from installment amount which equals to
= Installment amount - Interest amount
= $2,200 - $1773.33
= $426.67
3. Now subtract step 2 amount from notes amount which equals to
= Notes amount - principal amount
= $152,000 - $426.67
= $151,573.33
Hence, the principal balance is $151,573
