Your friend wants to buy a new television that is out of his budget; however, he discovers a local place where he can get the television and then make weekly payments. Based on what you learned in the lessons, is this a wise financial decision? Explain why or why not.

Answers

Answer 1
Depends if you want to do it or not but in my opinion it is a good way to get what you want but first think how many wells months or years will it take to pay it off
Answer 2

Answer:

This is not a smart financial decision. This sounds like an example of a rent-to-own service. With this weekly payment method, this service may charge him high interest rates. Once he fully pays off the television, he will have paid way more for it than he originally would've had to.

Explanation:

Personal Financial Literacy on FLVS


Related Questions

Which step follows the marketing mix step in the process of marketing management?

Answers

Answer: branding

Explanation:

five productive activities where division of labour is not needed​

Answers

Answer:

1. Fitness

2. Reading

3. Watch educational videos

4. Think of inventions

5. Eat

Explanation:

A large firm allocates its accounting duties to a small organization that specializes in the accounting field. Which data-management technique

does the firm use?

The large firm uses the

datamanagement technique.

Answers

Answer:

The data management technique being used by the firm is called:

Outsourcing Data Management

Explanation:  

Outsourcing Data Management helps to improve business efficiency, accelerate performance and ensure the effective and efficient functioning of the database management system and workflow.

One of the advantages of using data management service providers is that, because they are very focused and specialised in that area of service, they are in the know about the latest technologies, which help to ensure:

Data Security: Outsourced Data Management companies (because they have the advantage of the economics of scale can employ the best hands and the best encryption technologies that help secure the data of their clients. Data Integrity: This simply means that due to advanced data storage techniques, they can ensure that files don't get corrupted over time and that they are always accessible regardless of how long it has been stored. Data Scalability: This refers to the ability of the companies to accommodate huge sizes of data as they are being generated by their clients.

Cheers!

What is the return rate for brick-and-mortar stores?

Answers

Answer:

At brick-and-mortar stores, return rates can average a much lower 8.89%, with apparel being returned 9.96% of the time and footwear 9.13% of the time.

In the northern colonies, cities sprang up
around trade ports, resulting ina need
for more
A. slaves
B. plantations
C. ship builders​

Answers

The answer is C I hope this helps you

Answer: C. Ship Builders is the right answer

Explanation:

Which describes the purpose of minimum-balance fees?
O make sure customers keep sufficient funds in their account
collect funds for withdrawals from a competitor's machine
pay for the costs of having bank employees
penalize customers for writing checks for money they don't have

Answers

The correct answer is A. Make sure customers keep sufficient funds in their account

Explanation:

In bank accounts or similar, minimum-balance fees are fees paid when your funds or balance is below a certain level determined by the bank or financial institution. In this way, if you keep the total balance or funds above the minimum you can avoid paying certain fees or losing certain benefits. According to this, the main purpose of minimum-balance fees is to motivate customers to keep sufficient funds or money in their accounts, and in this way avoid extra fees.

A main reason to improve product quality is that doing so can achieve which of the following?

A. Deepening the product mix

B. Extending the product life cycle

C. Lowering the cost to make the product

D. Creating product line extensions

Answers

Answer:

B. Extending the product life cycle.

Explanation:

The main reason to improve product quality is that doing so can achieve  Extending the product life cycle. Thus the correct option is B.

What is Product quality?

Product quality is a key determiner to know about the satisfaction of customers. It helps businesses to evaluate whether the product is successful in meeting the requirements of customers.

When the product is not performing well its life cycle gets declined due to poor performance factors so the main reason to improve the product quality is to extend the product life cycle so that it can serve in the market for a longer duration of time.

The quality and price of the product are two main factors that help to give rise to its lifecycle by developing bettwer customer satisfaction with the goods and services.

Therefore, option B is appropriate.

Learn more about  the product life cycle, here:

brainly.com/question/15177349

#SPJ5

How can small business owners find ways to raise investment capital they need to start a business?​

Answers

Answer:

Start with your savings.

Talk to friends and family.

Find a partner who's got the cash.

Fly on the wings of an angel investor.

Apply for small business grants and loans

Use your assets.

Get advance funding from customers.Explanation:

Why might a mutual fund be a better investment than individual stocks and bonds? A. A mutual fund guarantees dividends. B. Stocks are more expensive. C. Risk is diversified with a mutual fund. D. Bonds carry less risk. E. Stockholders can pick the stocks for their mutual fund.

Answers

Answer:

A mutual fund might be better investment than individual stocks and bonds because:

C) Risk is diversified with a mutual fund

Explanation:

Mutual funds is an investment in which money is brought together from a group of investors, which are invested into stock, bonds, money market account, and much more.

We know the famous idiom "Don't put all your eggs in one basket", well mutual funds do that for you. When you invest, you try your best to reduce the risk, and most important way to do it is through diversification. Mutual funds offer investors a great way to quickly diversify their holdings. Unlike stocks and bonds, investors can keep a small amount in one or more funds and have access to a variety of investment options.

Answer: C

Explanation:

Other Questions
What part of the plot is the author most likely developing in this portion of thestory?A. ExpositionB. ClimaxC. ConflictD. Rising actionSUBMIT Lorie correctly determines that for the triangles below, the statement Triangle N M O is similar to triangle T S R and the statement Triangle N M O is similar to triangle T R S both describe the relationship between the two triangles. Triangle M N O. Angle M is 54.4 degrees and angle N is 71.2 degrees. Triangle R S T. Angle R is 54.4 degrees and angle T is 71.2 degrees. Which best describes why both similarity statements are correct? Each triangle has two congruent angles: Angle M is congruent to angle O and Angle R is congruent to angle S. Each triangle has two similar angles: Angle M is similar to angle O and Angle R is similar to angle S. The triangles each have two given angle measures and one unknown angle measure. All statements, regardless of the order of the vertices, define the same triangles. Joe is considering pursuing an MBA degree. He has applied to two different universities. The acceptance rate for applicants with similar qualifications is 25 percent for University A and 40 percent for University B. What is the probability that Joe will be accepted at one, and only one, university 20 boxes of apples have been delivered to a restaurant. The number of apples in each box is counted. Complete the table below and answer the following question. What is the mean number of apples in a box? answer all questions Assume that you live in a simple economy in which only three goods are produced and traded: Cashews, pecans and almonds. Suppose that on January 1st 2105, cashews sold for $12.50 per pound, pecans were $4.00 per pound, and almonds were $5.50 per pound. At the end of the year you discover that the cashew crop was lower than expected and that cashew prices had increased to $17.00 per pound, but pecan prices stayed at $4.00 and almond prices has actually fallen to $3.00. Can you say what happened to the overall "price level"? How might you construct a measure of the "change in price level"? What additional information might you need to construct your measure? give two reasons why high quality agricultural products are important for CARICOM countries The circumference of a circular painting is 59.66 feet. What is the radius of the painting? Use 3.14 for and do not round your answer. In cell F29, use an IF function to display the correct Shipping Charge, based on the amount of the Discounted Total. If the Discounted Total is greater than or equal to the Free Shipping Minimum found in cell B28, the Shipping Charge is 0 (zero); otherwise, the Shipping Charge is 5% of the Discounted Total. Hint: You will need to use a formula for the Value if False to calculate what 5% of the Discounted Total will be. What additional information is needed to prove that thetriangles are similar?To prove AXYZ - AMNO using SSS, you need toknow thatNow that you know the length of XZ, you need to knowthat angle O is congruent to v to prove AXYZ- AMNO using SAS.Can someone explain please!!! Why is chocolate bad for dogs El novelista no pudo llegar a la conferencia. (su avin / retrasarse) Imagine that 55% of the 800 students participate in music instead of 60%. How couldyou use the idea of halves with the bar model to find 55% of 800? Work out the value of 102 - 43Give your answer as a power of 6. Given the graph below, which of the following statements is true?On a coordinate plane, a graph shows an image with three connected lines. The first line has a negative slope and goes from (negative 5, 6) to (negative 2, 0), the second line has a positive slope and goes from (negative 2, 0) to (2, 2), and the third line has a negative slope going from (2, 2) through (4, negative 2). 55 men can finish a piece of work in 42 days. How many additional men must be added to complete the work 9 days earlier. 2. If youre good at geometry could somebody please help me? which part of elizabeths government was a small council of senior advisers how would i graph this on a corrdinate plane you can just tell me the corridante Very large or very small numbers are best input with exponential notation. For instance, the number 8,000,000 (eight million) is equal to 8106 . In this course, you can enter that as either 8 * 10 ^ 6 or as 8e6 in these problems. Try out exponential notation in the question below.One light year is equal to 9,460,730,472,580.8 kilometers. Enter this number below in exponential notation. The tolerance on this question is 5%. ________km What does the word unique mean as it is used in paragraph 16? A) solitary B) unusual C) belonging to one person D) having no equal