1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natali5045456 [20]
2 years ago
7

1. What does it mean to set up an “automatic deposit” and why is this a good savings strategy?

Business
1 answer:
Andrews [41]2 years ago
3 0

Answer:

an automatic deposit will put a set amount of money away into savings without you having to do it that way you will not have to worry about it and won't be tempted to spend it instead of saving it. it's a good strategy because it eliminates that temptation and makes it so much easier to save without falling off track

You might be interested in
Margaret, a consumer in a DTPA lawsuit, was able to prove that the licensee in her suit knowingly failed to disclose information
Naddik [55]

Answer and explanation:

The Deceptive Trade Practices Act (DTPA) of 1973 protects consumers from misleading information provided during the sale of a good or service. If a defendant is found liable in a DTPA lawsuit, the plaintiff is entitled to <em>monetary damages for the recovery of economic damages, anguish damages, discretionary damages, </em>and <em>attorney's fees</em>.

7 0
3 years ago
What advice is given by tom peters in the article customer first? analyse and summarize.​
fiasKO [112]

Answer:

which article?

Explanation:

7 0
2 years ago
True or false Every risk an individual faces can be insured
mars1129 [50]

Answer:

true

Explanation:

beacuse the faces of industrtions

6 0
3 years ago
Read 2 more answers
What does SME stand for
boyakko [2]

Answer:

Subject Matter Expert and Small and Medium Enterprise

Explanation:

the abbreviation for "Subject Matter Expert"

and "Small and Medium Enterprise"

5 0
3 years ago
Read 2 more answers
what is the present value of a deferred perpetuity that pays $141 annually with the first payment occurring at year 5? assume th
yKpoI14uk [10]

The present value of a deferred perpetuity is $1,938.89.

What is present value?
The present value of a prospective sum of money or cash flow stream given a specified return rate is known as its present value (PV). The present value of future cash flows is reduced by the discount rate, and the higher coupon rate, the lower the present value of future cash flows. The key to correctly valuing future cash flows, whether they are earnings or debt obligations, is determining the appropriate discount rate. The concept of present value states that a quantity of funds today is worth greater than the same amount in the long term. In other words, money gained in the long term is not as valuable as money received today.

The present value of a deferred perpetuity that pays $141 annually with the first payment occurring at year 5 is $1,938.89. This can be calculated by taking the present value of an ordinary annuity formula, which is PV = A / (1 + r)^n, and adding 5 to n. This gives the equation PV = A / (1 + r)^(n + 5), which can be simplified to PV = A / (1 + r)^n * (1 + r)^5. Thus, the present value is $141 / (1 + 0.06)^10 * (1 + 0.06)^5, which equals $1,938.89.

To learn more about present value
brainly.com/question/20813161
#SPJ4

3 0
1 year ago
Other questions:
  • How do communist and socialist political theories differ from each other?
    14·1 answer
  • XYZ Corporation (an S corporation) is owned by Jane and Rebecca who are each 50% shareholders. At the beginning of the year, Jan
    13·1 answer
  • Which of the following might help you succeed at a job interview?
    11·1 answer
  • 8. The purpose of a flexible budget is to: A. remove items from performance reports that are not controllable by managers. B. pe
    10·1 answer
  • A SWOT analysis involves an analysis of factors internal to the company, which include _____ as well as factors outside the comp
    8·1 answer
  • Marginal resource cost is: A) Determined by the marginal physical product schedule for an input B) A firm's cost of hiring one g
    7·1 answer
  • Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cozy. Labor costs wil
    10·1 answer
  • The Overland Company is preparing its cash budget for the month of June. The following information is available concerning its a
    8·1 answer
  • A defect on a title that can be monetary or physical is called an ______. Unset starred question Agreement Appurtenance Encumbra
    6·1 answer
  • What is the calculation used to determine the estimated annual interest amount a borrower will pay on a loan?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!