Question 4 a) There are THREE (3) reasons why people are demanding money. Explain briefly. b) Explain in detail the equilibrium in money market with diagram. c) Draw a diagram that shows the market equilibrium for exchange rate between two countries. Explain.

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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: Other than lenders, who else might use your credit score and why?

A: Credit decisions are made by lenders. Credit reporting agencies sell credit reports on their…

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

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

Q: Cash receipts journal

A: GDP or the gross domestic product is the value of all final goods and services which are produced…

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

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A: Financing through a loan is a way for individuals or businesses to borrow money from a lender, such…

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: How do we use time value of money in our everyday lives?

A: In life, we see that usually the price of most of the goods were cheaper last year than today. Time…

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: What do you need to provide when you request your free credit report? first and last name only first…

A: For the given question, the particulars that are required for a free credit report need to be…

Q: Discretionary and Essential Expenses

A: Expenses of the firms are the major and most important part of a business firm or a company. The…

Q: On November 4, you get a boat loan.  Your first payment is due December 4.  You write out your check…

A: TVM refers to the concept that a sum of money is value more now than the same sum will be at a…

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: 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: Importance of saving money

A: Money: It refers to the cash which is available to the people. Money can be used for buying goods…

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: Ways on How to Raise Money through: Angel investing Venture Capital Selling stock to the Public

A: It could be money, equipment, land, a building, or anything else. The process of purchasing assets…

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: Sara has health insurance with a $2,000 annual deductible, a $3,000 stop loss provision and 80/20…

A: Insurance refers to a type of financial product intended to shield people and businesses from the…

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: If you put your $100 into a saving account which earns 5% interest, how long does it take for your…

A: Given information: Amount kept in saving account = $100 Interest rate = 5%

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A: Welfare services Welfare refers to government-sponsored assistance programs for low-income…

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A: There are a few different ways to convert your money into cryptocurrency. You can use an online…

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A: A credit rating is a metric that assesses a person's or a company's potential to pay back a debt…

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A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

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: 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: 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: Explain what is Principal Plus Interest?

A: Principal plus interest is that amount which is paid by the borrower to the lender after the agreed…

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…

Q: How can we determine the number of payment periods?

A: Investment: The act of putting the money on work in order to expand the business or the forgiving of…