Other People's Money

Client: 7939-042018 Hello Marcelino, I trust you had a good Memorial Day observance, and apologize for just getting back to you; as being closed for two days and with the shortened work week, we are scrambling to get caught up. Having said that, to answer your questions, the credit reporting agencies (CRAs), Original Creditors (OCs), and Collection Companies all have 30 days to respond to a consumer's dispute. However, the bureaus can extend this period for an additional 15 days, if additional…

The first coined money in the United States was introduced in 1793. The coinage included the half-dime, dime, quarter dollar, half dollar, cent, and half-cent. Since then, the value of these coins, like all other forms of monetary currency, has deteriorated due to inflation. One dollar in 1793 has the buying power of $24.39 in 2016, and one cent has the buying power of 24 cents. Never-ending inflation has deteriorated the value of these coins and caused them to have detrimental effects of the…

societies, it even became a currency, shaped into round coins and emblazoned with faces of rulers. The rarity, usefulness, and desirability of gold made it a great long-term store of value, and it therefore went on to become a standard that backed other forms of currency. 5,000 years of various…

3.1 Interest Rate Interest rate refers to the amount charged, expressed as a percentage to a borrower for the use of resources (Investopedia,2016). The decrease or increase of interest rate can greatly influence a person’s ability to purchase a residential property. This is so as higher interest rates fall, the demand for it increases and vice versa (Harvard,2011). The impact of interest rate is evidence during its decline in Australian history. In 1990, Australia’s interest rate peaked at 17…

Argument essay Most Americans are not fluent in the language of money.(what do you mean by language of money - NC) Yet we are expected to make big financial decisions as early as our teens—Should I take on thousands of dollars of student debt? Should I buy a car?—even though most of us have received no formal instruction on financial matters until it was too late.This sentence is a bit awkward to me, reword it While no course in personal finance could have prevented many Americans from getting…

Many banks and institutions lend money to the citizens of its country to build a better life for themselves but the amount loaned may accumulate and lead the economy into a financial ruin. Many poor americans suffer by the terms of owing money to the government and businesses because their income cannot provide adequately for the needs of life. They spend money that is not theres and may not be able to repay it because they work minimum salary jobs or the amount to be payed is too large. Dennis…

National Debt as a Proportion of GDP Figure A nation’s debt comprise the sum of all its borrowing and outstanding expense payments to its creditors less its surpluses. The debts includes outstanding government purchases and borrowing through bonds and other treasury securities that the government issues both internal and external. Expressing the national debts as a proportion of gross domestic product (GDP) shows government total debt relative to its economic activities during the course of…

stores in the country are using the same amount of receipt paper as my store at 3 boxes a month that's $850752 a year. Now by implementing a button into the POS system which would ask if the customer would like a receipt or not would save paper and money. With not printing receipts for the 9 people that didn't want one anyway stores may…

The Behind the Scenes of Vystar Credit Union’s Internet banking The evolution of Internet banking has revolutionized the banking industry since its inception. It has quickly transformed long lines and wait times with only the click of a button. By doing so, members can access troves of information without ever stepping foot into a regional office. Stepping into the 21st century, perspective/current members and bank trustees are quickly realizing just how important internet banking is. Since…

the production of pennies due to their waste of money to make, waste of time, their uselessness, and the money that the public will save from its elimination. Firstly, let's look at the penny's waste of money, the current cost to make one penny is about 1.7 cents. This is a significant increase since a century ago, when the penny was worth what the quarter is today. In 2014, the government spent $132 million on $50 million worth of pennies. In other words, we threw about $82 million dollars in…