Think about the primary purpose of amortization schedules and post your thoughts on how society would function if the idea of lending money to individuals and companies and of "amortization" didn't exist. Would we be better off, or worse off, and why?

Q: Amit is using his money to buy assets like house , commercial land and machines . Write what is he…

A: Disposable Income: Disposable income is the income that remains after subtracting the taxes and this…

Q: how banking contributes to global warming and poor sustainability.

A: With increasing risk of after effects of global warming it is advised for banks to consider their…

Q: You got a birthday gift cars valued at $40.00 which lets you choose to spend on food delivery fees.…

A: We are going to demonstrate the linear relationship between Value of Card and number of deliveries…

Q: What is the best way to do this outside of Excel using Compound Interest Tables

A: When the project has different lives, it will be compare over the least common multiple method

Q: The use of money as a medium of exchange represents the most important service that money renders.…

A: The use of money as medium of exchange is an important function because it eliminates the problem of…

Q: Secured loans are backed up with assets that the lender can claim in case of default.     True or…

A: Secured loans are the loans in which borrower kept assets as a collateral to lender which then gives…

Q: How does money work in a planned economy?

A: Answer – Money in a planned economy – The planned economy can be of two types- (a) a Socialist…

Q: What challenges would you face if we lived in a society without money and would require a barter…

A: Barter system is a economic system where goods are exchanged in terms of another goods.

Q: Would usury laws help or hinder resolution of a shortage in financial markets?

A: Usury law is implemented by the government pertaining to interest on the loans taken by the…

Q: explaining the time value of money concept and its relationship to business and management as well…

A: The time value of money (TVM) is a fundamental concept in finance, which states that money available…

Q: What about part B and C? Thank you

A: In this case, we have to discuss the term complementary good. Complementary goods are those goods…

Q: You may be tempted to think you’re all set once you have a checking account, but it’s important to…

A: Checking accounts are the accounts that help to use the money whenever required. They are considered…

Q: Can we trust financial intermediaries?

A: In most cases, financial intermediates function as middlemen in transactions involving banks or…

Q: What is the sharing economy phenomenon? Give a thorough explanation!

A: It is economic system define peer to peer base  It also incluse buissness to buissness intraction…

Q: Why do the creditors generally charge higher interest rates on new borrowing?

A: The interest rate is the amount that the creditor charges with the principal from the borrower to…

Q: When is the simple interest scheme used?

A: Simple interest is a method which is used to calculate interest charged on fixed deposit, loan and…

Q: 2. You owe your best friend P2,000. Because you are short on cash, you offer to repay the loan over…

A: The amount that a lender adds to the principle to compensate a borrower for using assets is known as…

Q: write in 3 paragraphs what financial institutions are

A: Financial institutions provides variety of services ranging from deposits, lending and investments…

Q: What is Financing Activities? Give some examples?

A: Financing activities are investments containing long-term commitments, owner's equity and short-term…