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Lisa [10]
3 years ago
13

What is one strategy that can help a person avoid spending too much money

Business
2 answers:
Tju [1.3M]3 years ago
7 0

Answer:

D. Choosing a loan with a simple rather than compound interest rate

Explanation:

Simple interest is calculated based on the principal amount only. It is easy to calculate and understand. Simple interest remains a flat figure throughout the loan period.

The payable monthly simple interest amount tends to be smaller compared to compound interest. Simple interest is calculated on the principal amount only but compound interest is based on the principal amount plus the previous periods' accumulated interest. This implies that one pays interest on the interest.

Rainbow [258]3 years ago
6 0

Explanation:

A. Choosing a loan with a compound rather than

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How did the appreciation of the U.S. dollar and depreciation of the yuan affect the timing andmagnitude of the Asian currency cr
UkoKoshka [18]

Answer:

1) Export Competitiveness

2) Moral hazard means lack of incentive to guard against risk where one is protected from its consequences.

3) Government guarantees

Explanation:

1) The appreciation of the U.S. dollar and depreciation of the yuan worked as a catalyst to speed up the Asian currency crisis as the exports were slowed down causing a decline in growth which also gives the motivation to the central bank to devalue their currency more in order to achieve export competitiveness to boost up the exports and economy.

2) The moral hazard in this case was the government guarantees, both implicit and explicit.

3) The moral hazard of government guarantees motivates the investors to invest taking risky adventures since regulations were also lenient, and finance was available. We see over investments backed by the inflated land prices. After that it was the final nail in the coffin when the local investors dump their local currencies in order to buy foreign currencies whereas foreign loans were no longer competitive.  

3 0
3 years ago
Taylor Inc. has some material that originally cost $65,500. The material has a scrap value of $56,300 as is, but if reworked at
fgiga [73]

Answer:

-$2,350

Explanation:

In this question, we have to compare the cost which is shown below:

If we considered the reworked cost, then the sales would be

= Sales - reworked cost

= $55,700 - $1,750

= $53,950

And the scrap value is $56,300

So, the financial disadvantage would be

= Sales without reworked cost - scrap value

= $53,950 - $56,300

= -$2,350

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
Please help I have no clue how to do accounting
levacccp [35]

Answer:

the picture not working

Explanation:

5 0
3 years ago
What is the value of zero-coupon bond with a par value of $1,000 and a yield to maturity of 5.20%? The bond has 12 years to matu
Troyanec [42]

Answer:

$544.265

Explanation:

Given:

FV = $1,000

Yield to maturity = 5.2%

N = 12 years

Required:

Find the value of the zero coupon bond.

Use the formula:

PV = FV * PVIF(I/Y, N)

Thus,

PV = 1000 * PVIF(5.2%, 12)

= 1000 * 0.544265

= $544.265

The value of the zero coupon bond is $544.3

7 0
3 years ago
How can economies of scale benefit you as a customer and society as a whole? Can the taxicab industry, in large cities, be subje
LiRa [457]

Answer:

The answer to this question can be described as follows:

Explanation:

The economy scale with cost activity and total volumes of sales, which lowers the overall product prices as a result, and grows all economies of scale, because consumers purchase the stuff like those, who pay even less than the amount they expect to receive.  

It is the transition, the same saved money it's spent on other commodities and the overall deficit as well as the actual boosting of financial social assistance that generates income as a whole. It also increases outlays and creates more jobs, and benefits people with higher median income levels and a decent standard of living, For example  

Uber often encourages ride-sharing, in which the car is capable of serving 3-4 people simultaneously. This gives a win-win situation to all sides and generates economies of scale. Throughout the market like India, Uber already is introducing it and being extremely successful.

3 0
3 years ago
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