Financial planning is _____________. Option a: A static process Option b: An ongoing process Option c: A finished process

Answers

Answer 1

Answer:

Financial planning is Option b: An ongoing process.

Explanation:

Financial planning refers to the process of setting goals, assessing financial resources, and creating a plan to achieve those goals. It involves various activities such as budgeting, saving, investing, and managing risks. Financial planning is not a one-time event but rather an ongoing process that requires regular review and adjustments to ensure that the plan remains aligned with changing circumstances and goals.

By continuously monitoring and updating the financial plan, individuals can make informed decisions about their finances and work towards achieving their short-term and long-term objectives. This ongoing process helps individuals adapt to changes in their personal circumstances, financial markets, and economic conditions.

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Timothy Carter went out to eat with his girlfriend at a fancy restaurant. When he tried to pay the bill with his MasterCard credit card, he was told that the restaurant accepted only cash or American Express. His waiter suggested that he use the ATM across the street to withdraw cash using his credit card. Tim did as suggested and didn't pay attention to any fees until he received his credit card statement one month later. He was shocked to see the total fees (3% cash advance), and his APR was increased to 21%. Given the cost of the meal ($125) plus the associated fees, how much did his meal cost him?a. $3.75
b.$125
c. $130.94
d. $2.19
e. $151.25

Answers

Answer:

Ans. the cost of the meal was $130.4

Explanation:

Hi, ok, the credit card is charging a 21% APR this means that the cost is 0.21/12 = 0.0175 monthly and the cash advance is 3%, so the associated fees to this $125 purchase are:

Interest fee

$125*0.0175= $2.19

Cash Advance fee

$125*0.03= $3.75

And the meal was $125, so the total cost of the meal was:

$125 + $2.19 + $3.75 = $130.94

Best of luck.

Which statement about American prisons is correct?A. More people are sent to prison for violent crimes than non-violent crimes.
B. Drug offenders are the main reason for increased jail population.
C. There are no alternatives to the traditional prison system for drug offenders.
D. White users are more likely to be imprisoned than African-Americans.

Answers

B. Because D is highly wrong! There are more African-American people in jail than other races. The large war on Drugs put MANY people in jail, yet the state will put anyone in for even the smallest thing.

Most of some of the longer prison sentences were given for Drugs.. Other crimes maybe life, but not all.

alcatuiti un eseu in care sa prezentati argumente in functie de care piata asigurarilor ar putea fi considerata o piata cu concurenta perfecta

Answers

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The day-to-day business of the UN is performed by the (2 points) Secretariat. Security Council. Secretary General. General Assembly.

Answers

The day to day business of the UN is performed by the Secretariat

This day to day business including : Setting up Today's agenda for the deliberative members of the UN and implementing the decision made by the United Nation's Councils

Answer:

C UN peacekeeping forces.

Explanation:

UN peacekeeping forces have the role to prevent conflicts in certain parts of the world. For example during the war conflict in Bosnia during the 90s UN forces were sent to help the people, prevent conflicts.

A legal obligation that involves repaying a debt is called a _____.A.liability
B.profit
C.property right

Answers

Answer;

-Liability

A legal obligation that involves repaying a debt is called a Liability.

Explanation;

-To be liable for something means to be legally responsible for something, as in he lost his case and was found liable for damages. A liability is a legal obligation, as in he denied any liability for the damage. A company’s liabilities are its debts, as in the business has liabilities of €2 million.

-A liability is an obligation and it is reported on a company's balance sheet. A common example of a liability is accounts payable. Accounts payable arise when a company purchases goods or services on credit from a supplier. When the company pays the supplier, the company's accounts payable is reduced.

A legal obligation that involves repaying a debt is called a LIABILITY.

You are liable to pay off all the debts you have incurred. Payment may be done through monetary compensation or physical performance.

The most liquid asset is: Sales. Cash. Accounts payable. Owners' equity

Answers

Cash is the most liquid of all assets. It is used to meet current financial obligations. Cash is also used to sustain operations. It can easily and quickly turn from cash to other assets. It is essential to maintain a certain level of cash for paying off debts, expenses, purchase of assets or for the use in operations.

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