client for medical expenses. |liability‚ proper damage‚ medical injury or also known |All State insurance | | |Covers Client for liability expenses. |as personal injury protection. |The General Insurance | |Home |Your investment will be protected. |Property insurance which covers private houses. |Erie
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the common pitfall of buying high and selling low. He could make money if the stock is sold at a price higher than the average cost for a share of stock. | 2.| Describe why corporations issue common stock. -corporations issue common stock to finance their business start up costs and help pay for expansion and their ongoing business activities. Describe why investors purchase common stock. - Because investors want larger return than those that more conservative investments offer.| 3.|How
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1. Describe a real or made up but realistic situation that could cause you or someone you know to have to use money from a financial reserve. (3-6 sentences. 2.0 points) I put money into a financial reserve for college. I will not touch the money till then. I can add but not subtract from it. 2. How many months’ worth of expenses do you think your financial reserve should include? Describe at least two reasons for this decision. (3-6 sentences. 2.0 points) As many as I can have saved up into it
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us first understand what is meant by Public Finance. Public finance of country‚ as is obvious by the name‚ is the money collection of a country’s Government by way of taxes. The sources of revenue of the States and the Centre are called the public finance of a country‚ and this is because this amount of money is the money earned by the public and given to the Government for development works‚ and this is exactly why this money is termed as public finance. Lately‚ the sources of revenue of the State
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Instructions: Please answer all questions Q1.a. Kashif Naeem needs $50‚450 at the end of six years‚ and his only investment outlet is a 10 percent long-term certificate of deposit (compounded annually). With the certificate of deposit‚ he makes an initial investment at the beginning of the first year. (Q2) i. What single payment could be made at the beginning of the first year to help Kashif achieve this objective? (4) ii. What amount could Kashif pay at the end of each year annually for
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Assignment 3 (16 points) 7073903271600Assignment 3: Banking Instructions Save this file in your course folder‚ and name it with Assignment‚ the section number‚ and your first initial and last name. For example‚ Jessie Robinson’s assignment for Section 1 would be named Assignment1JRobinson. Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day‚ be sure to
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Melanie’s basis in her partnership interest was $85‚000. Her Schedule K-1 from the partnership reflected the following items for the current year: share of partnership ordinary loss‚ $95‚000; interest income from money market accounts‚ $6‚000. On her personal tax return‚ Melanie will report a loss from the partnership of $91‚000‚ and interest income of $6‚000. ANS: T Melanie’s deductible loss from the partnership will be determined as follows under § 704(d): Basis at beginning of year $85‚000
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Name ___________Taylor Bravo Assignment 1: Economic Basics (24.0 points) 1. Describe two examples of important things that financial planning skills can help you do‚ and explain why these things are important to you personally. (4-6 sentences. 2.0 points) Financial planning is a very important way to gain the skill to save and invest money. This is something I want to learn because times are rough here at home so I want to do the best I can to save money and responsible invest. Another thing financial
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Section 5 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. What is credit? (0.5 points) Credit is borrowed money that you can use to purchase things you need when you need them and then repay the funds back at an agreed on time 2. What is a credit score? (0.5 points) A credit score is a number based on a level analysis of a person’s credit files‚ to represent the creditworthiness of that person
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Personal Finance Glossary Personal Finance 1040EZ tax form – The basic tax form used by many people for filing their federal income taxes. An income tax form is also called a tax return. 1099 form – A tax form similar to a W-2 form that is used by independent contractors‚ such as part-time freelance employees‚ lawyers‚ or accountants. 401(k) account – A type of retirement savings account set up by employers for their employees. 529 plan – A fund that allows parents to prepay or save for
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