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Bess [88]
2 years ago
5

Which budgetary category changed the most between your old budget and your new budget? Why?

Business
1 answer:
Sunny_sXe [5.5K]2 years ago
7 0

Answer:

The net savings changed the most, and this is because of the extra money coming in via total income. An extra $290.00 was added to the category.

Explanation:

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Your net pay would be $480.50
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What is one advantage of starting to invest as early as possible?
Romashka-Z-Leto [24]

Answer:

D: Your money has more time to grow.

Explanation:

If you use process of elimination your age doesn't matter on discounts or rates. If you invest when you're younger you have more time to learn about what you're investing in and more time for your money to grow.

8 0
3 years ago
Pacanowsky’s cultural approach to organizations offers metaphors for empowered groups in a company acting like jazz musicians, e
lesantik [10]

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<u>Explanation:</u>

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4 0
3 years ago
You will receive $4,000 at graduation 3 years from now. You plan on investing this money at 5 percent annual interest until you
attashe74 [19]

Answer:

It will take approximately 55 years

Explanation:

<em>The future value of a lump sum is the amount expected at a future date when a sum of money is invested today at a particular rate of interest for certain number of years</em>

FV = PV × (1+r)^(n)

FV= 50,000, PV = 4,000, n-?, r- 5%

50,000 = 4,000 × (1.05)^n

divide both sides by 4000

12.5 = 1.05^n

n= log 12.5/log 1.05

n = 51.8

The number of years = 51.8 + 3 years

                                  =54.767

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8 0
3 years ago
Patricia purchased a home on January 1, 2017 for $1,420,000 by making a down payment of $100,000 and financing the remaining $1,
Oksana_A [137]

Answer: $60,000

Explanation:

The maximum amount deductible is based on a mortgage of $1,000,000 and the interest rate of the mortgage being paid.

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= $60,000

<em />

<em>Only $60,000 of the $79,200 may be deducted. </em>

6 0
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