6. Suppose FVW(MARR) = $5 for a single alternative. Is this investment economically justified? Justify your conclusion. %3D Edit Format Table

Q: Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500…

A: The loan is the amount of money which would result in the amount of money borrowed and used for…

Q: How does the credit card company calculate the interest payment?

A: The credit card has been an important tool to increase the purchasing power. This facility has…

Q: Describe the process of Borrowing with Credit Cards?

A: The credit card has been an important tool to increase the purchasing power. This facility has…

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A: Although looking for a home can be exciting and enjoyable, serious homebuyers should begin their…

Q: Why would someone choose a fixed rate loan over a variable rate loan?

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Q: Why is it important to review your bank statement each month?

A: A bank statement refers to a type document that summarizes all of the transactions in a bank account…

Q: describe something you can do to increase your savings for retirement.

A: Retirement: It is the point of time where someone stops working.

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A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

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A: Loan: A loan is a sum of money borrowed from a lender with the agreement that it will be repaid,…

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A: Retirement savings in Canada refers to the money that individuals set aside during their working…

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A: Payment History, Capacity, Length Of Credit, New Credit and Mix of Credit are some of the most…

Q: Give typing answer with explanation and conclusion Michael can afford car payments of $275 a month…

A: The demonstration of borrowing is the demonstration of getting or getting something, strikingly…

Q: What will be the Savings given that income is $3200 and APS is 0.48

A: The data presented in the question above is:- Income = $3200 Average propensity to save = 0.48…

Q: Does IRS have my direct deposit info?

A: IRS stands for Internal Revenue Service which represents the federal government's revenue services,…

Q: Luis and his best friend Faith want to spend as much time as possible at the local amusement park…

A: The objective of the question is to find out how much Faith will owe Luis after they buy season…

Q: could you show how to determine the bond's present value without a calculator?

A: When interest rate rises to 4%: Given, Face value= future value= $1,000 Yield to maturity= 4% Time=…

Q: Summarizes some of the interest formulas?

A: Simple interest = (P*R*T)/100 where, P : Principal amount            R : Rate of interest per annum…

Q: Discuss credit card safety and precautions?

A: A credit card is a plastic card issued by a financial institution, typically a bank, that allows the…

Q: how does evonomics play a role in policy or public discussion related to having a car

A: A central bank refers to a financial institution that acts as the primary authority responsible for…

Q: What is the cheapest loan?

A: A loan is the lending of money by an individual or a group to another individual or a firm, with an…

Q: Your workforce in the sales department consist of 30 workers. 10 are baby boomers born between 1945…

A: The workforce is the work pool in employment. It is frequently used to depict those working for a…

Q: Write the Elements of Transactions involving interest?

A: Interest is the payment that is made to the lender by the borrower of an amount in addition to the…

Q: What factors do credit rating agencies take into consideration  when compiling  its report?

A: Credit rating agencies work as autonomous organizations that evaluate the creditworthiness of many…

Q: Write the different loan terms?

A: A loan is when one or more people, organisations, or other institutions lend money to other persons,…

Q: Describe 2 financial actions that could impact your credit score?

A: There are many financial actions that could impact your credit score, but here are two examples:…

Q: How Do You Manage Your Credit Card Debt?

A: Credit cards have become a everyday part of our lives and is convenient to use. It is often, that we…

Q: What are other ways to invest in Real estate? Are they long term or short term?

A: Real estate refers to land and any physical property or structures that are permanently attached to…

Q: What are the different ways in which personal property can be obtained?

A: Personal property is a type of property that consists of any property except real estate. It's also…

Q: You can improve or damage your credit history with a credit card. O True O False

A: The economics as a study is based upon the idea that the resources which are present with each…

Q: Explain the content and purpose of a credit report?

A: A credit report is a detailed summary of a person's credit history and financial behavior. It…

Q: Differentiate between standard of deferred payments and unit of account

A: Money is any object that is generally accepted as payment for goods and services, for the repayment…

Q: What does the interest rate you determine represent?

A: The interest is a specific percentage of the principal amount that is lent, borrowed, or deposited…

Q: recommendation on how to influence Malaysians to use Islamic credit cards.

A: ISLAMIC INVESTMENT MARKETS: 1. ISLAMIC MONEY MARKET: The Islamic currency market was presented by…

Q: Name one potential benefit of using credit cards?

A: A credit card is a payment card that allows the cardholder to borrow funds from a bank or financial…

Q: Do the credit card interest rates vary with creditworthiness? how?

A: Yes, the credit card interest rates vary with creditworthiness.  To set the interest rate on the…

Q: What is the Deferred Savings Plan?

A: A  deferred savings plan is a plan  which allows the taxpayer to pay money in  the plan and  then…

Q: Balance of payment.

A: International commerce enables governments to open new markets for goods and services that would…

Q: why do credit cards charge higher interest than home and car loans? please help me with this…

A: A credit card is a type of payment card that enables the cardholder to borrow money from a bank or…

Q: The disadvantages of using letters of credit for payment

A: A letter of credit is a written promise from a bank or other financial institution that a seller…