Vickie earns $1,000 per week and spends $850 per week on living expenses,puts $50 in a savings account,and buys $100 worth of stocks.Vickie's saving is ________ and her saving rate is ________.
A) $50;5%
B) $50;5.9%
C) $100;10%
D) $100;11.8%
E) $150;15%
Correct Answer:
Verified
Q1: Saving equals
A) current spending minus current income.
B)
Q2: Sam has the following assets and liabilities:
Q3: Assets are
A) current income minus spending on
Q4: Saving divided by income equals the _
Q5: Anything of market value one owns is
Q7: Which of the following is a liability
Q8: The debts one owes are called
A) assets.
B)
Q9: Current income minus spending on current needs
Q10: Sam has the following assets and liabilities:
Q11: Wealth equals
A) current income minus spending on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents