Personal Finance Questions and Answers

Easy personal loans to catch beside soso credit?

My car be stolen Jan 18. It only costs $1300 but that's adjectives had. I start a modern job within about 1month and I necessitate a car to bring there. What I'm askin is: Does anybody know of any loan agents/officers/companys that supply out personal laoansto basically anybody, not greatly of money only roughly 1500? My credit is so so. I make 2300 a month on laying-off plus a roomate. Somebody has to stale someone. By the way I live surrounded by Stockton ca. but with the fax electrical device. I don't think it matter where you live. Somebody minister to


Answers: you should be able to by beater bad a used lot and have them nouns it -- yes i know it will be a rip off but what do you expect until you procure your credit and act together!!

What is considerd low,middle,and lofty class?

When it comes to how much money you make a year. I trademark around 80 thousand so would i be considerd middle class?


Answers: class has to do beside background and who you know income is a different breed! i will lift the income and shove the class!
No you are actually considered to be middle income. It have nothing to do next to how much money you make, but is base on your background and the type of school that you went to. Me, I'm upper-middle class.

Help near compound nouns?

Is an investment costing $1,234,200 with expected returns of $200,000 per year for seven years agreeable? Assume that your opportunity cost is 10%. Explain why your answer is so.

Im not asking you to tell me to look within the book. I dont understand the 10 percent/ opportunity cost is that the percentange it go up every year?


Answers: don't any one study and do there home work anymore!
No, you cannot use that formula because what you own is an annuity and the formula is for a single sum.

$200,000 per year for seven years, assuming annual compounding on an investment of $1,234.200 is a return of 3.25 percent, well below the 10 percent opportunity cost. So you would not want to create the investment. To get the 10 percent return you would own to receive $253,500 per year.

Alternatively, the $200,000 per year would be a 10 percent return on $973,683. That's the most you would want to pay for the investment.

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