How can financial institutions help you increase and better manage your money?

When you turned sixteen, your parents promised that you could get an after-school job to start earning your own money. You have worked at this job, getting regular paychecks for three months. You plan to use the money you earn from this job to buy a used car, but your salary is not high enough to save enough money by the target date of the start of your junior year in high school.

Which of the following methods do you think is the best way to put your money to work for you?

1. Keep all of your money in a shoebox in your closet. Promise yourself that you won't spend any money on other things until you reach your goal.

Why does an economist create a market demand curve?

Comparing Loan Sources Tom Angelo needs to borrow $\$ 1500$ to expand his farm implement maintenance business. He learns that the local bank will lend him the money for $2$ years at a rate of $10 \%$ compounded quarterly. After hearing of this rate, Tom's grandfather offers to lend him the money for $2$ years with a simple interest rate of $7 \%$. How much money will Tom save by borrowing the money from his grandfather?

What is meant by the term time value of money?

Suppose that in the first exercise you deposit the money in a mutual fund that pays 12% annual interest.

Write a function $S$ that gives the total amount of money after $t$ years, where $t$ is a natural number.

What type of function is $S$?

What is the total amount of money after 20 years?

The amount of money that Pamela p has and Julie j has are related by the equation 3p + 5 = j . If Julie has $83, how much money does Pamela have?

Suppose you are the money manager of a $\$ 4$ million investment fund. The fund consists of four stocks with the following investments and betas:

$$\begin{array}{crr} \text{Stock} & \text{Investment} & \text{Beta} \\ \hline A & \$ 400,000 & 1.50 \\ B & 600,000 & -0.50 \\ C & 1,000,000 & 1.20 \\ D & 2,000,000 & 0.75 \end{array}$$

If the market required rate of return is 14 percent and the risk-free rate is 6 percent, what is the fund's required rate of return?

In the short run, if the Fed wants to raise the federal funds rate, it

a. instructs the New York Fed to sell government securities in the foreign exchange market.

b. tells large commercial banks to raise their interest rates.

c. instructs the New York Fed to buy government securities in the open market.

d. instructs the New York Fed to sell government securities in the open market.

e. instructs large commercial banks to sell government securities in the open market.

Why aren't credit cards considered money?

You want to buy an iguana that costs $49. You already have$13. If you save $9 per week, when will you have enough money to buy the iguana? How much money do you already have? How much more money do you need?

How much money is 1/2 of $5.80?

The amount of money Hannah has saved is given by the function $f(x)=20 x+100$. Jess, Hannah's sister, has started spending her money and this is given by the function $g(x)=-10 x+400$. The number of weeks the girls are spending and saving is represented by $x$.

Find the function representing the amount of money that the girls have combined, $h(x)$.

Is the graph consistent or inconsistent with market efficiency? Explain carefully.

On Monday, the ratio of Tara's pocket money to her brother Seth's pocket money was

$$\frac { 3 } { 1 }$$

On Tuesday, Tara gave $5 to Seth. Then Tara had twice as much money as Seth. Let 3x equal the amount Tara had on Monday and x equal the amount Seth had on Monday. Write two ratios that each compare the amount of money Tara had on Tuesday to the amount Seth had on Tuesday. Use the ratios to write a proportion.