15. Match each of the following words to its description
1 Short Term Debt
2. Long Term Debt<...
Business, 20.10.2020 01:01 joshlynn52
15. Match each of the following words to its description
1 Short Term Debt
2. Long Term Debt
3. Fixed expense
4 Bad Debt
5. Financial emergency
6. fixed varlable expense
7 savings
8 good debt
9 Compensation
A expense that is the same from month to month
B cost that you must pay each month but the amount can differ I. e. electric bill
C An unplanned expense
D money set aside for future expenses
E synonym for income or earnings
F debt that is paid back in full within one year
G Debt that is paid in full in a time period longer than one year
H Debt that will help build wealth
I debt that is created from things you have already consumed
Answers: 3
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Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw $35,000 at the end of each year, starting at the end of this year. he also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. for how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? a. 14.21b. 14.96c. 15.71d. 16.49e. 17.32
Answers: 1
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Answers: 1
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