Finance (Speedy Study Guides) e-bog
25,00 DKK
(inkl. moms 31,25 DKK)
Finance is a matter that surrounds everybody's day-to-day life but not many people really understand how it works. The core definition is "e;the management of money and the speculation of its future value"e;. It sounds complicated, but in reality the concept is simple. For example: whenever you purchase something with a credit card, the bank temporarily foots the bill. They give you a c...
E-bog
25,00 DKK
Forlag
Speedy Publishing Books
Udgivet
4 maj 2014
Længde
4 sider
Genrer
Finance and the finance industry
Sprog
English
Format
pdf
Beskyttelse
LCP
ISBN
9781633839779
Finance is a matter that surrounds everybody's day-to-day life but not many people really understand how it works. The core definition is "e;the management of money and the speculation of its future value"e;. It sounds complicated, but in reality the concept is simple. For example: whenever you purchase something with a credit card, the bank temporarily foots the bill. They give you a certain amount of time (which is usually about 30 days) to pay the balance in full. Even if you can't pay the full balance right away, you can always make payments with a little interest. It's a benefit for both sides. This benefits you if you can't pay right away and this benefits the bank because they make money on merchant fees and interest. ?