How is a FICO Score Determined?
In this article, you will learn about: Why Your FICO Score Matters How Your FICO Score Is Determined … Read More
Retirement Plans Types
In this article, you’ll learn about different types of Retirement Plans: Simple IRAs Simple Employee Pensions (SEPs) 401(k) … Read More
Property Insurance Types
You’re probably familiar with homeowner’s or renter’s insurance that protects you personally should something happen to your home … Read More
Liability Insurance Types
The purpose of liability insurance is to protect an insured party against unintentional acts or situations that cause … Read More
Effective Interest Rate
The Effective Interest Rate (EIR) is the rate you actually earn on your investment after taking into account … Read More
Future Value of Sum with Non-Annual Compounding
Annual compounding refers to a situation in which interest is paid once per year. It is common for … Read More
Future Value of Sum with Continuous Compounding
Simple interest is easy to compute, but most of the time, we want our interest payments to be … Read More
Arithmetic & Geometric Average Return
If you have a sample of returns (say a mutual fund’s past 10 years of returns), then there … Read More
Cost-Plus Pricing
A pricing method in which selling price of a product is calculated by adding a profit margin to … Read More
Accounting Rate of Return
The accounting rate of return (ARR) is a financial ratio of Average Profit to the Average Investment made … Read More
Short-Term Decision Making
A key element of making any decision is having the right information. With the right information to hand, … Read More
Types of Credit Cards
In this article, you’ll learn about different types of Credit Cards: Charge Cards Fixed-Rate Cards Variable-Rate Cards Elite … Read More
Disposal of Fixed Assets
In addition to acquiring and depreciating fixed assets, businesses often dispose of them. The following are the most … Read More
Intangible Assets
Assets such as patents and copyrights that have no physical form; they are valuable because of the special … Read More
Stockholders Equity
Shareholders’ equity is the phrase used to describe owners’ equity in a corporation. The stockholders’ equity of a … Read More