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Personal Finance
Page 6
Questions (5,692)
James is looking into life insurance. He currently makes $50,000 a year and has two children, ages 15 and 11. How much coverage
2 answers
asked by
kuol wor
76 views
When shopping for life insurance, the best strategy is to:
a. Follow your agent’s recommendations. They are the experts and it
2 answers
asked by
kuol wor
55 views
Wanda Clark expects interest rate to decline in the next few months. To maximize her earnings, she should put her savings in a
A.
5 answers
asked by
Dahlia
1,195 views
After 12 months of making extra payments, what will be the loan balance? After 12 months of making the regular
payment and
2 answers
asked by
HELP
554 views
7. Today you open a bank account and make a deposit of $6,000. Then you make the following deposits: in t=1 you deposit $6,500,
3 answers
asked by
Dantavis
648 views
Melinda and Milan both need a place to live. Melinda has decided to rent a house for $1200 per month. Milan has decided to buy a
2 answers
asked by
Stiles
732 views
Salary Increase.you accept a new job with a starting salary of 34,800. you are told that you will receive an annual raise of at
2 answers
asked by
bibi
660 views
Carol Miller went to Europe and forgot to pay her 740.00 mortgage payment on her New Hampshire ski house. For her 59 days
5 answers
asked by
Scott
2,585 views
Gretta wants to retire in 13 years. At that time she wants to be able to withdraw $12,500 at the end of each 6 months for 10
2 answers
asked by
Katie
1,252 views
To help pay for art school Keith borrowed money from an online lending company he took out a personal amortized loan for $50,000
2 answers
asked anonymously
130 views
To help pay for art school Keith borrowed money from an online lending company he took out a personal and amortized loan for
2 answers
asked anonymously
133 views
To help pay for art school Keith borrowed money from an online lending company he took out a personal amortized loan for $50,000
2 answers
asked anonymously
129 views
MC algo 5-11 Calculating Annuity Present Values
Todd can afford to pay $335 per month for the next 5 years in order to purchase a
2 answers
asked anonymously
129 views
Santiago is a CPA and earns $177,500 from his practice in the current year. He also has aूn ownership interest in three
2 answers
asked anonymously
120 views
Suppose that a loan of $6500 is given an interest rate of 7% compounded each year. Assume that no payments are made on the loan.
2 answers
asked anonymously
151 views
a. Find the monthly payments and the total interest for Loan A.
The monthly payment for Loan A is $311.97 . (Do not round
2 answers
asked by
gaga
91 views
Roberto bought a $230,000 house, paying 20% down, and financing the rest at 4% interest for 30 years. His monthly payments are
4 answers
asked anonymously
88 views
Reword this.
You have a policy with a cash value of $250,000 which you wish to annuitize. You are currently 62 years old and your
2 answers
asked by
HJP
81 views
You have a policy with a cash value of $250,000 which you wish to annuitize. You are currently 62 years old and your spouse is
2 answers
asked anonymously
91 views
Suppose that you decide to borrow $16,000
for a new car. You can select one of the following loans, each requiring regular
2 answers
asked by
gaga
124 views
To help open a wine bar shin borrowed money from his credit union he took out a personal amortized loan for $43,000 at an
22 answers
asked anonymously
135 views
suppose ana is an avid reader and buys only mystery novels. ana deposits $1,000 in a bank account that pays an annual nominal
2 answers
asked anonymously
88 views
Manuel wants to purchase Subaru Impreza for $25,000 in 5 years
How much money should he invest in CD's today if the annual
2 answers
asked anonymously
140 views
Explain the differences in how a 401k, a Roth IRA, and a traditional IRA are taxed.(1 point)
Responses A 401k allows tax
2 answers
asked by
fatty
131 views
To pay for a $22,600 car, Amanda made a down payment of $3300 and took out a loan for the rest. On the loan, she paid monthly
7 answers
asked by
KEVIN
129 views
Select the correct answer.
Georgina’s bank account has a current balance of -$25.50. If she deposits $120 into the account each
2 answers
asked by
John B
130 views
If it cost to much, then I will not buy it
2 answers
asked anonymously
86 views
How do I convince my mom to give me 200.00 early for Christmas for a new PC
4 answers
asked anonymously
68 views
A woman earns $450 a month. She pays 1/5 of this amount for rent, 1/3 of this amount for food and 1/6 for other household
2 answers
asked anonymously
128 views
A young man received a salary of $315 per month. During the year he spends $480 for rent, $820 for food, $375 for clothing and
2 answers
asked anonymously
144 views
In June, Cory beings to save money for a video game and a TV he wants to buy in December. He starts with $22. Each month he
4 answers
asked by
slayrat
105 views
Maria has a total of $12,000 invested in two funds. The first fund pays simple interest at 6%
per year and the other pays simple
2 answers
asked anonymously
99 views
The Fisher family bought a house for $191,000. They paid $40,000 down and took out a 15
year mortgage for the remaining balance
2 answers
asked anonymously
149 views
Gordon Freeman wants to have $32,000 in 5 years in order to purchase a new car.
(a) How much should he deposit today in an
2 answers
asked anonymously
156 views
Gordon Freeman wants to have $32,000 in 5 years in order to purchase a new car.
(a) How much should he deposit today in an
2 answers
asked anonymously
178 views
Jessica borrowed $9,000 from the bank to purchase a used car.
The bank has given her an interest rate of 7.5 % annually for a
2 answers
asked anonymously
170 views
Do you have a total or gross income at 3800 each month your deductions are Fica 7.65%, federal tax 12.25% and state tax 9.1%
7 answers
asked by
Cinnamon
126 views
Write in a sentence. How can pensioners safeguard themselves against the eroding effect of inflation?
2 answers
asked by
Magagula Thato
46 views
Write in a sentence . Explain the term retirement lump sum
2 answers
asked by
Magagula Thato
39 views
The “lesson” of “The Diamond Necklace” is:
Choose the best answer from the options below: A people should not buy things
2 answers
asked anonymously
83 views
he Adeeva's gross monthly income is $4300. They have 18 remaining payments of 240 on a new car. They are applying for a
2 answers
asked anonymously
147 views
You intend to create a college fund for your baby. If you can get an interest rate of 6.8% compounded monthly and want the
2 answers
asked anonymously
157 views
What is the significance of a budget line
2 answers
asked by
Siya
53 views
The element of budget plan includes
a) pick time b) set aside some of the income for later consumption c) it is not always easy
2 answers
asked anonymously
91 views
Onika gives money to a charity directly from her wages, before tax. One sixth of her monthly earnings goes to the charity, then
2 answers
asked by
Antony Joseph
113 views
you want to purchase a house in 10 years. You estimate the cost will be $184,500.00. you want to make a 20% downpayment and pay
2 answers
asked anonymously
88 views
Everyone said Shelia was very _______ with her money
Thrifty Miserly Stingy* Cheap
2 answers
asked by
Woo wooo
62 views
Bryan needs a new backpack. He compares the prices of three different backpacks at a local store to find the best deal. Which
4 answers
asked anonymously
170 views
Which is the main goal of becoming financially literate?(1 point)
Responses becoming financially stable becoming financially
10 answers
asked by
Caleb Pans
156 views
What is The Fifth Foundation?
Pay cash for college. Save for retirement. Build wealth and give. Pay cash for your home.
2 answers
asked by
.
78 views
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