Question
A ratio aimed at determining how much you are saving, defined as income available for saving and investment dividend by income available for living expenditures
A ratio aimed at determining how much you are saving, defined as income available for saving and investment dividend by income available for living expenditures is called?
Group of answer choices
Income Ratio
Living Ratio
Debt Ratio
Savings Ratio
Flag this Question
Question 102 pts
The concept that a dollar received today is worth more than a dollar received in the future; therefore, comparisons between amount in different time periods cannot be made without adjustments to their value. This concept is called?
Group of answer choices
Time Value Of Money
Future Value
Principal
Interest
Flag this Question
Question 112 pts
Quincy put $100 in the bank and earned 25 cent in interest in month one. He kept his money in the bank and earned interest on $100.25 in month two. What is the earning concept called
Group of answer choices
Future Value
Compound Interest
Interest
Principal
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started