"Fp101 foundations of personal finance axia midterm exam" Essays and Research Papers

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    gov/bcp/edu/pubs/consumer/credit/cre03.shtm Identity Theft resource center on the Federal Trade Commission’s site: www.ftc.gov/bcp/edu/microsites/idtheft/consumers/deter.html. Provide answers to three of the following questions based on your readings and your personal experiences. Answers should be 100-to 150-words each. 1. If you find errors on your credit report‚ what steps would you take to correct them? One very important thing is to document everything you do (dates and times of phone calls‚ people

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    established with few complications b. Minimal organizational costs c. Does not have to share profits or control with others 2. Disadvantages a. Unlimited liability for the owner b. Owner must absorb all losses c. Equity capital limited to the owner’s personal investment d. Business terminates immediately upon death of owner B. Partnership: An association of two or more individuals coming together as co-owners to operate a business for profit. 1. Two types of partnerships a. General partnership:

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    PART 1. Total 40 marks ( 2 marks each). MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) 
Assume that you borrow $2000 at 10% annual interest to finance a new business project. For this loan to be profitable‚ the minimum amount this project must generate in annual earnings is 
1) 
_______ A) 
$201. 
B) 
$200. 
C) 
$400. 
D) 
$199. 2) 
Which of the following statements about the characteristics of debt and equities is true? 
2)

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    Fp101 Week 1 Dq Answers

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    300-word response to the following discussion question by clicking on Reply:  Refer to Figure 1-1 of Personal Finance. List the five steps in the personal financial planning process. Share one or two questions you may ask yourself when you are in Step 1.  According to Figure 1-1 of Personal Finance‚ the five steps in the personal financial planning process are: Step 1 – Analyze your current finances‚ Step 2 – Develop goals‚ Step 3 – Identify and evaluate strategies to achieve your goals‚ Step

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    Midterm

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    Midterm Exam Amber Wash November 1‚ 2014 Sullivan CSC610 1. Define software. Explain how system software is different from application software. Describe networking operation system (NOS). Describe enterprise applications. Differentiate between a horizontal system and a vertical system. Define legacy systems. Software is the computer programs that govern the operation of the computer. System software is used for basic computer operations such as startup and printing for example Windows 7. Whereas

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    Question 1 - Bond Valuation Assume the following information for bonds A and B. Both bonds have the same YTM and have semi-annual coupon payments. Bond B is currently selling at par. Face Value Maturity Coupon Rate Bond A 1000 30 yrs 8% Bond B 1000 20 yrs 10% a) What is the price for Bond B (2 pts)? What is the current yield for Bond B (2 pts)? Bond A is selling at a ________(discount /par/

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    client for medical expenses. |liability‚ proper damage‚ medical injury or also known |All State insurance | | |Covers Client for liability expenses. |as personal injury protection. |The General Insurance | |Home |Your investment will be protected. |Property insurance which covers private houses. |Erie

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    Personal Finance Chapter 21

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    Melanie’s basis in her partnership interest was $85‚000. Her Schedule K-1 from the partnership reflected the following items for the current year: share of partnership ordinary loss‚ $95‚000; interest income from money market accounts‚ $6‚000. On her personal tax return‚ Melanie will report a loss from the partnership of $91‚000‚ and interest income of $6‚000. ANS: T Melanie’s deductible loss from the partnership will be determined as follows under § 704(d): Basis at beginning of year $85‚000

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    Name ___________Taylor Bravo Assignment 1: Economic Basics (24.0 points) 1. Describe two examples of important things that financial planning skills can help you do‚ and explain why these things are important to you personally. (4-6 sentences. 2.0 points) Financial planning is a very important way to gain the skill to save and invest money. This is something I want to learn because times are rough here at home so I want to do the best I can to save money and responsible invest. Another thing financial

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    personal Finance week 5

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    Section 5 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. What is credit? (0.5 points) Credit is borrowed money that you can use to purchase things you need when you need them and then repay the funds back at an agreed on time 2. What is a credit score? (0.5 points) A credit score is a number based on a level analysis of a person’s credit files‚ to represent the creditworthiness of that person

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