Given any three pieces of information, we can solve for a missing piece. So, if we know how much we can deposit and how much we need, we can determine the ________ that is required to reach your desired financial goal. As long as you know how long your investment will last.
A) future value
B) interest rate
C) present value
D) annuity sum
E) lump annuity
B) interest rate
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A ________ provides telephone service to customers
A) PTT B) Ministry of Telecommunications C) both A and B D) neither A nor B
On December 31, 20X8, Mr. and Mrs. Williams owned a parcel of land held as an investment. The land was purchased for $40,000 in 20X6, and was encumbered by a mortgage with a principal balance of $30,000 at December 31, 20X8. On this date the fair value of the land was $75,000. In the Williams' December 31, 20X8, personal statement of financial condition, at what amount should the land investment and mortgage payable be reported? LandInvestmentMortgagePayableA)$10,000 $0 B)$75,000 $30,000 C)$40,000 $30,000 D)$45,000 $0
A. Option A B. Option B C. Option C D. Option D
Use this pie chart to determine the percent of households which do not own their home.
A. 43% B. 22% C. 57% D. 45%
Uncontrolled change is known as:
What will be an ideal response?