Public interest

After reading and looking over these strategies, and from what I learned, and what my thoughts are on the Baby Steps and the Debt Snowball by Dave Ramsey, makes since. I never thought of it like he explains it. This seems like a good plan if you stick with it. It’s so easy to get into dept but so hard to get out. I wish I had been educated with something like this when I first started working then maybe I would have made better decisions with my money as a kid. Do I think I could use these…

Make note of anything that is important in terms of your loan terms. Important details include: a) the date the loan was dispersed, b) whether you have a cosigner on the loan, c) whether the loan is private or Federal, d) the interest rate on the loan, and e) whether the interest rate is fixed or variable. These details are important for a number of reasons. You need to know when the loan was dispersed because some repayment options and other benefits will only apply to loans that were…

Particulars Amount 1. Borrowed Capital Govt. loan under scheme 2,00,000 @ 10% interest 2. Loan from ASB @…

the bill in full. How much the finance charge is depends on the amount unpaid and the interest rate of the credit card. Also, a credit card bill has late fees if paid late just like any other bill. Annual fees, finance charges, and late fees are the fees that may lead a cardholder into debt, but those fees are not everything a cardholder has to worry about. Credit cards also come with an interest rate. The interest rate of credit cards vary, but it is based on the company providing the card and…

savings account that yields 4% interest compounded monthly. What will be the account balance in 3 years? 3. You deposit $3000 into a savings account that yields 3% compounded continuously. How long will it take for your account to have a balance of $4500? Extensions: You are a financial planner. Your clients, Sally and Roberto Smith, would like to begin saving money with the long term goal of buying a house. They claim to have $7000 saved but it is not in an interest bearing account. 1.…

First, I would need the current interest rate on their savings and investment funds to figure their time value of money. I would need to know the education costs as well as in estimated annual inflation percentage rate. I would also weight the options and research low interest rate student loans versus overextending my finances. Secondly, we know the amount the medical facility costs each month, as well…

please refer to cell T12 SIMP’s the after tax revenue stream is $72 a month higher, this gives lenders $72 a month more revenue over 10 years to reinvest due to the fact SIMP borrowers monthly payments are composed of $100% principal oppose to 90% interest, in the case of the 30-year model. How do we quantify how much more yield SIMP would receive due to having $72 more dollars each month to reinvest over 10 years? Well one way would be to SIMPly add this amount to our present revenue…

FINANCIAL PLAN 1. Assumptions of the Plan a. Market Size For the Sanglé’s worst-case scenario, the penetration rate would be at 1% each year. Sanglé’s total market size for 2015 is 6, 570, 168 and the target market share for that is 27%. For 2016, the market size is 6, 687, 117 and the target market share for that is 26.6%. For 2017, the market size is 6, 846, 107 and the target market share for that is 25.4%. For the Sanglé’s most-likely scenario, the penetration rate would only be at 2.5%…

Product Risk: A type of mortgage pipeline risk that occurs when a lender has an unusual loan in production or inventory but does not have a sale commitment at a prearranged price. Production is the process of combining various material and immaterial inputs to create an output for consumption or use. The output is a good or service which has value and garners demand. In the production lines of automobiles, the resources needed include raw materials such as steel and glass, machinery and human…

In Economics the cost of something includes funds spent carrying out any action. For consumers and producers costs determine how much one is willing to pay or invest in. This could be based on income or current financial status of the consumer or producers. Cost effects the consumer demand and producer sale outcomes. It can also determine the worth of whatever is being sold in comparison to a substitute. The types of costs that affects consumer and producer investments include fixed costs,…