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What is it called if you set aside a sum of money for a specific purpose?
When you set aside a sum of money for a specific purpose, it is often referred to as a "sinking fund." This financial strategy involves allocating funds over time to ensure that you have enough money available for a future expense or goal, such as saving for a large purchase or paying off debt. It helps in budgeting and managing finances effectively.
What is A sum of money set aside for a specific purpose is a?
A sum of money set aside for a specific purpose is known as a "fund." Funds are typically allocated for designated projects, expenses, or investments, ensuring that resources are available to meet particular goals. Examples include emergency funds, scholarship funds, and retirement funds, each serving a unique financial objective.
Compute and print the sum of a set of data values?
Compute & print the sum of a set of data values
What do you get when you take the sum of a set of numbers divided by the number of addends?
The sum of a set of numbers divided by the number of addends is the mean average of that set.
What is the sum of relative frequency percents?
The sum of a complete set of relative frequencies will be 100.
What is it called if you set aside a sum of money for a specific purpose?
When you set aside a sum of money for a specific purpose, it is often referred to as a "sinking fund." This financial strategy involves allocating funds over time to ensure that you have enough money available for a future expense or goal, such as saving for a large purchase or paying off debt. It helps in budgeting and managing finances effectively.
What is A sum of money set aside for a specific purpose is a?
A sum of money set aside for a specific purpose is known as a "fund." Funds are typically allocated for designated projects, expenses, or investments, ensuring that resources are available to meet particular goals. Examples include emergency funds, scholarship funds, and retirement funds, each serving a unique financial objective.
If someone has 'nest egg' what do they have?
A "nest egg" refers to a sum of money or savings set aside for future use or emergencies. It is typically accumulated over time through saving and investing with the goal of financial security or retirement planning.
What are some disadvantages of an endowment?
An endowment is a sum of money set aside and invested, providing income of which only a part is allowed to be spent. Non-profit organizations that hold large endowments are often criticized for not spending these funds on current needs or services.
Is a sum of money?
55% of a sum of money is Rs 1.1 the sum of money is
debt?
a sum of money that is owed or due.
How do they base the money you receive as a foster parent?
Each state have a set sum based on the child's age.
How can I earn a 20 return?
Find something and someone such that the person is prepared to pay you the required sum of money.
If 30 percent of a sum of money is 750 calculate the sum of money?
Oh, dude, math time! So, if 30% of the sum is 750, we can figure out the whole sum by doing some basic math. We just divide 750 by 0.30 to find out the total sum, which comes out to be 2500. So, the sum of money is 2500 bucks. Math made easy, like a piece of cake... or pie.
How do you get the sum of something?
Sum is the term for the answer to addition. Any time you add something, you get the sum. 1 + 1 = 2 2 is the sum.
What is a bunch of money called?
riches vast sum of money considerable sum of money or gold mine
What is the sum of probability that something will happen and the probability that something will NOT happen?
The sum is 1
