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Social Science
Economics
Finance
Personal Money Management Terms
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Terms in this set (10)
BANKRUPTCY
Court takes over the finances of a person who is unable to bills
BENEFICIARY
A person who receives payment from a life insurance provider when the policyholder dies
BUDGET
A record of income and expenses for a set period of time
COLLATERAL
Something you exchange until a loan has been paid off
CONSOLIDATION
Combining several payments into one larger payment
CREDIT
When the bank makes a purchase for you and you pay the bank back at a later time
DEBIT
When you use your own money to make a purchase
DEBT
Owing money to a person or institution
INFLATION
An increase in the general level of prices
PRINCIPAL
The total amount of money still owed on a loan
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Verified questions
economics
Match the following terms with the correct definition. A. Model B. Production possibilities frontier C. Law of increasing opportunity cost D. Efficient E. Economic growth F. Economic model ___________ 6. A condition that exists when a country takes every opportunity to make some people better off without making other people worse off.
sociology
Complete the sentence using each term once. a. demography b. fertility c. fecundity d. crude birthrate e. fertility rate f. mortality g. crude death rate h. infant mortality rate i. migration j. doubling time k. replacement level I. urban ecology. __________ is the movement of people from one geographic area to another.
economics
***Argument*** Which arguments do you find most compelling? *Explain your answer.*
finance
FlavorRite purchased a used van for use in its business on January 1, 2017. It paid $17,000 for the van. FlavorRite expects the van to have a useful life of four years, with an estimated residual value of$1,400. FlavorRite expects to drive the van 16,000 miles during 2017, 19,000 miles during 2018, 17,000 miles in 2019, and 48,000 miles in 2020, for total expected miles of 100,000. Using the straight-line method of depreciation, calculate the following amounts for the van for each of the four years of its expected life: a. Depreciation expense
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