List three or four effects of financial irresponsibility.

Answers

Answer 1

Answer: Here are effects of financial irresponsibility: It includes having endless debts, it could cause a business to fail, and also, it can leave you in bankruptcy. Other effects include loss of your other belongings like your house because of debts and many more. These are just examples. There are endless effects when you handle your finances irresponsibly.

Related Questions

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A registered representative would be permitted to make a telephone solicitation at 9:30 PM to an individual in the same time zone who: A). Has made an inquiry to the firm about available services in the last 18 months B). Currently has securities held in custody of the firm, but has not traded in the past 18 months C). Has effected trades with the firm 24 months ago, but has had no trading activity since D). Has chosen to opt out of the "Do Not Call" regulations

What are the three choices that profit-maximizing firms have to make?a. how much to demand, how to generate goods, and what to price outputted goods
b. how much to supply, how to produce output, and how much of each input to demand
c. how much to demand, how to produce input, and how much of each output to demand
d. how much to supply, how to market supplied goods, and how to advertise supplied goods

Answers

The right answer for the question that is being asked and shown above is that: "b. how much to supply, how to produce output, and how much of each input to demand." the three choices that profit-maximizing firms have to make are b. how much to supply, how to produce output, and how much of each input to demand

EconBiz has issued a bond with the following characteristics:Par: $1,000 Time to maturity: 18 years Coupon rate: 7 percent
Semiannual payments Calculate the price of this bond if the YTM is:
A: 5% B:

Answers

The price of the bond if the YTM is 5% is $1,315.72.

To calculate the price of the bond, we need to discount the future cash flows (semiannual coupon payments and par value at maturity) using the yield to maturity (YTM). The YTM is the rate that makes the present value of the bond's cash flows equal to the current market price of the bond.

Using the given characteristics of the bond, the semiannual coupon payment is $35 ($1,000 x 7% / 2), and the number of semiannual periods is 36 (18 years x 2). Using the formula for present value of a bond, the price of the bond if the YTM is 5% can be calculated as follows:

PV = ($35 / (1 + 0.05 / 2)¹) + ($35 / (1 + 0.05 / 2)²) + ... + ($35 / (1 + 0.05 / 2)³⁶) + ($1,000 / (1 + 0.05 / 2)³⁶)

PV = $657.86 + $628.86 + ... + $27.14 + $536.03

PV = $1,315.72

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A purchaser of real estate learns that his ownership rights could continue forever and that no other person can claim to be the owner or have any ownership control over the property. This person's interest in real estate is a___________.

Answers

Answer:

The correct answer is letter "A": Fee Simple Interest.

Explanation:

Fee Simple Interest refers to the absolute ownership over a property an individual could acquire being subject only to governmental impositions such as federal taxes, eminent domain, and police authority. The ownership gives the owner the right to place encumbrances such as security for a mortgage loan.

Which one of the following should be your primary concern when creating an arrangement with informal balance? A. Arrange furniture and other objects so that you have no centerline. B. Balance all the items around a central pivot point. C. Make certain that no two identical objects are placed on opposite sides of the centerline. D. Place those items with the greatest visual weight nearest the centerline.

Answers

B.Balance all the items around a central pivot point.

Which of the following skills are required to be an effective project manager? (choose all that apply)A. communication
B. teamwork
C.friendship
D. time management
E. bossy-leadership style
F. budgeting

Answers

the answer is all of the above

Answer:

A. communication, B. teamwork, D. time management, F. budgeting

Explanation:

got it right on edge

You endorse a check thata. you write.
c. that was given to you.
b. has no payee.
d. has no date.

Answers

b. has no payee.
get a A

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If you're offered a no-interest loan, the amount of the loan should not exceed$2,000.$25,000.$60,000.$100,000.

The Smiths' purchased a residence for $75,000. They made a down payment of $15,000 and agreed to assume the seller's existing mortgage, which had a current balance of $23,000. The Smiths' financed the remaining $37,000 of the purchase price by executing a second mortgage whereby the seller became a mortgagee. This type of loan is called a _______.