Finance Questions
Explore questions in the Finance category that you can ask Spark.E!
Your biggest wealth-building tool is your____
using this system, you spend less because you're paying with cash; You could use this for spending on things that don't normally have a fixed monthly expense (eating out, groceries)
_______credit is when the lender doesn't require you to put down a security deposit or collateral
Only 15% of Americans carried a credit card (plastic)
______credit is how most credit cards work
a bank accounta checking accounta current accounta savings account
Borrower who carries a balance from month to month; Pays interest and fees
Visa, Mastercard, Discover, and American Express spend over __________________ a year on marketing alone.
Pays credit card balance in full each month; Never pays interest or late fees
Sallie Mae began providing federal loans to students
Credit card companies make money off of the ________
utility billselectricity billsgas bills
some cheques, an amount of money, money, cash
______credit is when you have to put down a security deposit or use something as collateral
To calculate the firm's equity cost of capital using the CAPM, we need to know the _____.
To invest in the government, a person can invest in Answers: A. municipal bonds.B. savings bonds.C. Treasury bonds.D. all of the above
Who pays interest on a loan?Answers: A. a lenderB. a borrowerC. a credit unionD. a creditor
The market risk premium is defined as
Which of the following methods for calculating the cost of equity ignores risk?
You have a passbook account. Therefore, you are a(n) Answers: A. saver.B. borrower.C. investor.D. credit counselor.