PFP 310 Final || Questions and 100% Verified Answers.
0 vue 0 fois vendu
Cours
PFP 310
Établissement
PFP 310
higher income households, more educated, younger people correct answers internet shopping is most common among ...
shopbot correct answers Present side by side comparison prices
- kayak, expedia, travelocity
online billing correct answers would save
16.5 million trees
13 billion gallons of...
PFP 310 Final || Questions and 100% Verified Answers.
higher income households, more educated, younger people correct answers internet shopping is
most common among ...
shopbot correct answers Present side by side comparison prices
- kayak, expedia, travelocity
online billing correct answers would save
16.5 million trees
13 billion gallons of water
1.6 billion pounds of solid waste
if every household switched to ...
technical disruption correct answers When something so new comes along it disrupts existing
patterns of behavior, and for our purposes, consumer behavior (the internet, netflix, uber, self
driving cars)
identity theft correct answers someone using your name or personal information, such as your
social security number, driver's license number, student identification number, etc without your
permission.
Debt collection, identity theft, imposter scams correct answers Top 3 complaints to the FTC
full name, social security number, date of birth correct answers What does an ID thief need in
order to access personal financial accounts or to open new accounts?
15 years correct answers Identity Theft can result in prison sentence up to how many years?
identity theft insurance correct answers - Offered by financial institutions for a fee
- Provides set dollar amount of coverage
- Alerts you of accounts opened in your name
60 hours correct answers What is the average time to repair credit history?
housing and transportation correct answers What are the two biggest components of a
household's budget?
mobilitiy, no down payment, can be less expensive, protection from declining housing values
correct answers What are the advantages to renting?
advantages to owning correct answers build equity in your home, research shows that
homeowners have a larger net worth than renters, greater personal freedom, tax advantages
28/36 rule correct answers The debt ratio that makes up the amount of mortgage payment one
can afford each month
, private mortgage insurance correct answers - Required unless putting 20% down
- Protects lender if buyer defaults
- cost of the premium varies with the down payment
- PMI must be paid until the unpaid mortgage balance drops to 80% of the home's value
closing costs correct answers 2-7% of the loan value on a home
home equity loan correct answers loan or line of credit with your home as security
leasing a vehicle pros correct answers - less money needed upfront
- monthly payments may be less
- may serve a business purpose
- no trade in worries
leasing a vehicle cons correct answers - no ownership
- may have to pay excess mileage charges or excess wear and tear when the lease is over
closed end and open end correct answers What are the two types of leases?
high balling correct answers Offering a high amount for a trade in, but then charging more for
the new car purchased
low balling correct answers Offering a low price for the purchase of a new car but then
increasing the cost through lots of add ons.
False correct answers T/F: A sublease is a legal document between the renter and landlord,
describing the rights and responsibilities of both.
True correct answers T/F: Consumers buy more in their first six months of marriage than a
settled household does in five years.
True correct answers T/F: If you are going to be in an area less than three years, renting may be
better than buying from a financial standpoint.
True correct answers T/F: The 2 1/2 Times Rule says you should multiply the annual household
income by two and one half to determine the maximum amount to be spent on buying a home.
False correct answers T/F: To formulate net worth, subtract your assets from your liabilities
False correct answers T/F: An adjustable rate mortgage has a fixed rate
True correct answers T/F: Private mortgage insurance protects the lender if the buyer defaults
True correct answers T/F: Predatory lending lures people into loans that they can't really afford
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur FullyFocus. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour €10,72. Vous n'êtes lié à rien après votre achat.
