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Lady_Fox [76]
3 years ago
15

10 POINTS!! FINANCE What do statistics show about most Americans’ financial management?

Business
1 answer:
Leviafan [203]3 years ago
6 0
46% of Americans couldn’t come up with 400$ in an emergency. 60% will face that emergency less than 12 months
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Apple Bank makes a loan to Harry at 12.5 percent per year to be repaid by level annual payments for t years. Exactly one year be
Stels [109]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
7 0
3 years ago
The Cozy Chair Company believes it can sell 200 chairs at $200 per chair, or 300 chairs at $150 per chair. Using the midpoint fo
rusak2 [61]

Answer:

1.4

Explanation:

Given that

Q1 = 200

P1 = $200

Q2 = 300

P2 = $ 150

Recall that

Midpoint formula = Q2 - Q1/(Q2 + Q1)/2 ÷ P2 - P1/(P2 + P1)/2

= 300 - 200/(300 + 200)/2 ÷ 150 - 200/(150 + 200)/2

= 100/250 ÷ -50/175

= 0.4 ÷ 0.285

= 1.4

4 0
3 years ago
Read 2 more answers
4.An important feature of a is that the holder has the right, but not the obligation, to buy or sell currency.(a)swap(b)foreign
Ratling [72]

Answer:

(c) Foreign exchange option

Explanation:

Derivatives refer to those securities whose value is derived from the underlying asset. Examples being currency derivatives, commodity derivatives, etc.

Foreign exchange option refers to a derivative instrument whereby the holder has the right but not the obligation to buy or sell a currency at a future date at a  predetermined rate fixed today.

In a call option, the holder has the right but not the obligation to buy a currency while in a put option the holder has the right but not the obligation to sell a currency.

The predetermined price at which the holder can buy or sell a currency is referred to as the strike price or exercise price.

5 0
3 years ago
Ginger feels like she is very qualified for a Revenue job. Which qualifications does Ginger most likely have?
sdas [7]
The qualifications Ginger most likely have to become very qualified for a Revenue job are <span><span>4- integrity, ability to analyze tax forms, and good math skills

</span>Revenue is defined as the </span><span>amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. This transaction involves money and sometimes large amount of money. Thus, integrity is greatly needed. 
</span>
Revenue job examples are Revenue Accountant, Revenue Analyst, Revenue Manager. 
8 0
3 years ago
Which of the following is true? A Debit cards offer the highest level of fraud protection. B Checks are the most widely accepted
kozerog [31]
The answer is C. You withdraw money from a bank account while using them. 
8 0
3 years ago
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