Mr. jones is a successful entrepreneur. he is currently planning a new business venture, but he doesn’t have sufficient funds for the new business. which strategies indicate that mr. jones is using his property rights to obtain credit?

a. selling his penthouse apartment in new york

b. issuing shares for the new company

c. using his family home as collateral for a loan

d. withdrawing money from his certificate of deposit

e. mortgaging his factory building

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate