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3 years ago

I NEED HELP FAST! Why personal finance is good for life and what it would do for me?

Business

2 answers:

e-lub [12.9K]3 years ago

6 0

Answer:

Personal finance skills help you to understand how much you earn, what are your monthly expenses, and help you to budget within that income. ... Personal finance affects even the little necessary things like transport bills, and grocery, as well as the longer-term goals like saving and investments

timofeeve [1]3 years ago

4 0

Answer:

Explanation:

Basically you'll be good with all the money you take in and spend helping you accumilate the most amount of money.

You might be interested in

Which of the following statements is true? Increasing dividends will always increase the stock price. Increasing dividends will

tiny-mole [99]

Answer:

Increasing dividends may not always increase the stock price, because less earnings may be invested back into the firm and that impedes growth.

Explanation:

if increasing dividends results in the company not having enough funds for reinvestment, then value of the company may go down, since value of a stock is the present value of all expected cash-flows from holding the stock. But, if the company is paying dividend from free cash flows, then the payment of the dividend will not negatively affect the value of the stock.

In summary, paying a dividend will not always increase the stock price, and will not always decrease the stock price.

5 0

3 years ago

Read 2 more answers

In the 1930s, companies and consumers began to realize that utilizing resources efficiently and effectively was good for society

Firlakuza [10]

Companies and consumers started to understand in the 1930s that using resources properly and efficiently was advantageous for both society and business. the green revolution sprang from this.

The green revolution is a broad movement that advances the concerns of environmentalists, or people who believe that it is important to preserve the integrity of the non-human world for both that reason and the survival of humans. Its membership is extraordinarily diversified, including academics, political activists, wealthy and impoverished individuals from all over the world, as well as followers of a wide range of religious ideologies. Global climate change has been a major issue for the green movement since the 1980s. The preservation of both multi-use undeveloped landscapes and natural regions, the protection of endangered species, and resistance to pollution are further issues.

Learn more about green revolution here

brainly.com/question/25077523

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7 0

2 years ago

Among a group of 2,500 people, 35 percent invest in municipal bonds, 18 percent invest in oil stocks, and 7 percent invest in bo

denpristay [2]

Answer:

Probability that the person selected will be one who invests in municipal bonds but not in oil stocks is $\frac{7}{25}$

Explanation:

Given : Total no of people in the group = 2500

Investors of municipal bonds = 35% i.e .35 × 2500 = 875

Investors of both municipal bonds and oil stocks

= 7% i.e .07 × 2500

= 175

Hence, the investors who have invested in municipal bonds but not oil stocks = 875 - 175 = 700 investors

Probability that the person being selected will be one who invests in municipal bonds but not in oil stocks = $\frac{No.\ of\ investors\ of\ municipal\ bonds}{Total\ no\ of\ investors}$

= $\frac{700}{2500}$

= $\frac{7}{25}$

8 0

3 years ago

Suppose that Betty’s Beads is a typical firm operating in a perfectly competitive market. Currently Betty’s MR = $15, MC = $12,

Musya8 [376]

Answer:

The correct answer is option B.

Explanation:

Betty's beads is a firm in a perfectly competitive market.

Currently the marginal cost of the firm is $12.

The marginal revenue is $15.

The average total cost is $10 and the average variable cost is $8.

A perfectly competitive firm faces a horizontal line demand curve which also represents the marginal revenue. This implies that the price of the firm is $15.

The firm is earning a profit as the revenue earned by the firm is higher than costs incurred. This will attract other potential firms to join the market in the long run.

4 0

4 years ago

Which is most true of an annual rate of 4% compounded quarterly? A) It is equivalent to 4.4% paid annually. B) It is equivalent

Artemon [7]

Answer:

D) It is equivalent to 4.06% paid annually

Explanation:

Since it is not talking about annuity and simple compound interest, therefore assuming investment value = $100 then interest will be as follows:

Interest for each quarter = $\frac{4}{100} \times \frac{3}{12}$ = 1%

But this 1% will be paid on the compounded value

Interest at end of Quarter 1 = $100 X 1% = $1

Compounded value at end of Quarter 1 = $100 + $1 = $101

Interest at end of Quarter 2 = $101 X 1% = $1.01

Compounded value at end of Quarter 2 = $101 + $1.01 = $102.01

Interest at end of Quarter 3 = $102.01 X 1% = $1.0201

Compounded value at end of Quarter 3 = $102.01 + $1.0201 = $103.0301

Interest at end of Quarter 4 = $103.0301 X 1% = $1.030301

Compounded value at end of Quarter 4 = $103.0301 + $1.030301 = $104.060401

Now net return annually = $4.060401/$100 = 4.06%

Final Answer

D) It is equivalent to 4.06% paid annually

6 0

3 years ago