How long will it take Rachel to pay for her wardrobe? Should she shop for a new card? Why or why not?

Q: Maria will be a college sophomore next​ year, and she is determined to have her own credit card. She…

A: The question is asking whether Maria, a college sophomore, can obtain a credit card without her…

Q: A client comes to you who needs help developing a plan for retirement and doesn’t have a current…

A: Retirement planning involves saving funds and investing it adequately; so that, the principal and…

Q: 49. You have a first time homebuyer who is going to settle on the purchase of a $156,000 home with a…

A: Loan-to-Value: A financial ratio that compares the amount of money being borrowed to the market…

Q: An employee opens customer payments, records them, and delivers the deposit to the bank is pressure,…

A: Fraud triangle is a theory used in auditing according to which there are three elements to cause the…

Q: Is your deposited money safer today in a struggling bank, or safer kept at your home? Explain your…

A: The safety of your money in a struggling bank versus keeping it at home depends on various factors…

Q: Max wants to monitor his expenses for a month. What should he do first?  Choose the correct answer…

A: Expenses need to be monitored carefully by a rational person to manage personal finance and to set…

Q: Maria will be a college sophomore next​ year, and she is determined to have her own credit card. She…

A: The objective of the question is to provide a comprehensive understanding of credit card usage, its…

Q: would you approve or deny them in receiving this loan and why

A: Annual Income is $10,000, Monthly Debt payment 30% of monthly Income, FICO score is 550 Checking…

Q: According to Dave Ramseys seven baby steps plan. What would be the pros and cons of using a credit…

A: Dave Ramsey’s seven baby steps plans consists of plans which make an individual financially…

Q: What are some common types of mortgage fraud? How much money is lost from mortgage fraud? How do…

A: Mortgage fraud is a deceitful practice that involves misrepresentation or omission of information…

Q: ssume this individual's friend decides to pursue postsecondary education. What are two types of…

A: Loan is the loan means it is a burden upon the shoulders of the taker which has to repay the same to…

Q: Why do you think a speeding ticket or DUI would increase your insurance rate? O The insurance…

A: Insurance is a financial product that provides protection against potential financial losses.…

Q: Why do you think people have such a hard time with long-term goals like saving for retirement,…

A: Generally, human feels some quite insecurity for his future once he would develop with less energy…

Q: A young couple wishes to take out a sizeable home loan and, at the insistence of the bank, your…

A: Introduction: A bank guarantee is indeed an agreement by a financial company to accept liability for…

Q: What year are you? What is your major? What do you want to do for work when you graduate? Have you…

A: Approach to solving the question: I analyzed the questions before answering them.

Q: Many students attending college in the United States find themselves having to take out loans to…

A: The question is based on the concept of Accounting theory

Q: How do trade-ins and sales taxes come into play when purchasing a car?

A: Taxes: Monetary charges imposed on individuals or legal entities by a government in order to fund…

Q: How has the credit crisis May have adversely affected many homeowners and mortgage companies?

A: Homeowners insurance policies are defined as the type of an insurance policies, which usually covers…

Q: If you “buy straw hats in winter” or buy “when there is blood in the street,”  what kind of investor…

A: The question is asking about the type of investor who buys assets when they are undervalued or when…

Q: What are the pros and cons of asking a friend or a family members for financial help?

A: Before contacting a loved one about loan money, it is essential to consider the potential benefits…

Q: List five things that could cause your house value to drop

A: . The disadvantages of renting a property rather than buying are: 1. Less freedom - if anybody takes…

Q: Which account should Scenario they use? Chris wants to put money aside so he can buy his mom a…

A: The  main difference between a checking and a savings account is that a checking account is…

Q: What are the benefits and drawbacks of leasing a car rather than owning one?

A: Car leasing is a contract between two parties where one party gets the right to use the car for a…

Q: STUDENT LOANS. You graduated from college a year ago and forgot to pay your student loans. a Federal…

A: If you have forgotten to pay your student loans, it is important to take action as soon as possible…

Q: How do I get my card off here?

A: Hi.   You can ask our support team for this.

Q: a. Assuming Maria does not really care about her​ parents' approval and ignores their​ assignment,…

A: a. Assuming Maria does not really care about her parents' approval and ignores their assignment,…

Q: What are Automobile Medical Payments?

A: Automobile medical payments are a part of insurance policy which is required to be paid in order to…

Q: Why it can be dangerous to provide credit card information over the internet? Does it stop the risk…

A: Credit card : In simple words, credit card refers to a modern currency medium under which the…

Q: What is the BEST option to reduce your insurance costs if you were recently in an accident?…

A: When you are involved in an accident, your insurance premium is likely to increase. This is because…

Q: Why might a business get a loan? Buy inventory Pay its taxes Buy a yacht Pay off another loan Any of…

A: Solution:Loan refers to the borrowing made by the entity for any of the business purpose.

Motor Vehicle Insurance

Motor vehicle insurance is a contract between the insurance company that provides insurance cover and the person who owns the vehicle. According to the terms and conditions of the insurance contract, the insurance company reimburses the policyholder for losses and damages. This insurance policy covers the financial risks of the motor vehicle owner. Electronic vehicles are also covered in a vehicle insurance policy, but the insurance rate is relatively higher than other motor vehicle insurance. Motor vehicle insurance is otherwise called an automotive insurance policy.