Answer:
The correct answer is True.
Explanation:
This is because there are expenses such as taxes, rent, expenses, and payment for services that each person incurs throughout his or her life. In this way, we can deduce that at some point in your life, you will have to pay the same expenses that your family ever paid.
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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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I guess there should be an options to choose. Anyway, I know the answer. Thype of credit which is used to lease a building is called Installment Credit.
Answer:
Certified Development Company 504 Loan Program
Explanation:
The US Small Business Administration 504 Loan or Certified Development Company program is designed to provide financing for the purchase of fixed assets, which also means real estate, buildings and machinery, at a price below the normal market rate. Its mission involve boosting the development of various businesses. The SBA offers a number of different loan programs linked to a particular capital need of growing businesses. The 504 program works by sharing the loan among three parties. The business owner puts in a minimum of 10%, a conventional lender which is the bank puts up 50%, and Certified Development Company (CDC) puts up the remaining 40%.
