when you need money and have to explain someone one why you need money

Expert Solution

Rahul Sunny answered 2 years ago

More “money” is not always better. Explain to someone why they may have too much “money”,...

More “money” is not always better. Explain to someone why they may have too much “money”, and if they are in such a position (having too much “money”) what they should do about it. Note: A definition of “money” will probably help in your explanation.

There is a cost of money. When someone loans you money, they expect to profit (maybe...

There is a cost of money. When someone loans you money, they expect to profit (maybe just by your goodwill). Notice that car dealers and others who are financing what you buy will usually show you the monthly payments, and avoid talking about the full cost with interest. It would be helpful to calculate the monthly payments given the amount loaned, the interest rate, and the number of payments you are expected to make. In this assignment, you will implement...

Why do you think that someone addicted to an opioid might have a relapse when using...

Why do you think that someone addicted to an opioid might have a relapse when using a methadone treatment center.

why people need money

You have extra $5,000 to invest. You do not need the money now but will need...

You have extra $5,000 to invest. You do not need the money now but will need it after 3 years, so you plan to cash your investment at the end of 3 year. Usually your investments earn 7% annual interest compounded annually and you’d like to consider it as your minimum acceptable rate of return. You are considering several investment opportunities: Option 1. Depositing your money on the high interest savings account that earns 0.58% interest each month. Option 2....

Why would someone need to use a call option? Give a scenario of why someone would...

Why would someone need to use a call option? Give a scenario of why someone would want to use one. Also, pick a stock that has a call option written on it and describe how it would benefit someone who would purchase a call option. Showing math is required.

2. You need to have $150,000 for your children’s tuition. How much money do you need...

2. You need to have $150,000 for your children’s tuition. How much money do you need to set aside each month for this amount to be available in 15 years? a. If you were to invest the money in a savings account at 3% interest? b. If you were to invest the money in a bond fund at 6% interest? c. If you were to invest the money in an equity fund at 10% interest? d. What type of a...

The concept of Time Value Money is very important in investing. When you have money in...

The concept of Time Value Money is very important in investing. When you have money in your "hand" in todays world, it is worth more than it could be in the future. When you are investing, you have no idea what the future will hold or how much your dollar will be worth. Since money earns interest, it is worth more the earlier that you invest it and can get a return on your investment. In the Prudential commercials, they...

Why does the Money supply need to be controlled?

Explain why people demand for money and how demand for money would have been influenced by...

Explain why people demand for money and how demand for money would have been influenced by Covid-19 epidemic?

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