Day: April 13, 2020

TeachMeFinance.com

TeachMeFinance.com teaches you basic
finance concepts.

  • Time
    Value of Money

    Present Value, Future Value
  • Annuities – The Present
    Value of an Annuity
  • Perpetuities – The Present
    Value of a Perpetuity
  • Kinds of Interest Rates – Nominal Rate,
    Periodic Rate, Effective Annual Rate (EAR)
  • Future Value of an Uneven Cash flow
  • Probability Distribution – Expected Rate
    of Return (ERR)
  • Standard
    Deviation
  • CAPM – Beta
  • Security
    Market Line
  • Bond
    Valuation
    – Par Value, Coupon Payments, Indenture,
    Present Value of a Bond
  • Refinance Rates – A refinance refers to the process of paying off an existing loan.
  • Home Equity Loans – A loan based on the amount of equity a homeowner has in the property.
  • Stock
    Valuation
    – Preferred Stock, Common Stock, The
    Constant Growth Formula
  • Cost
    of Capital
    – Cost of Retained Earnings, Cost of
    Common Stock, Cost of Preferred Stock, Cost of
    Bonds

Answers to Frequently Asked Finance Related Questions:

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13 Types of Insurance a Small Business Owner Should Have

1. General Liability Insurance: Every business, even if home-based, needs to have liability insurance.  The policy provides both defense and damages if you, your employees or your products or services cause or are alleged to have caused Bodily Injury or Property Damage to a third party.

2. Property Insurance:  If you own your building or have business personal property, including office equipment, computers, inventory or tools you should consider purchasing a policy that will protect you if you have a fire, vandalism, theft, smoke damage etc.  You may also want to consider business interruption/loss of earning insurance as part of the policy to protect your earnings if the business is unable to operate.

3. Business owner’s policy (BOP): A business owner policy packages all required coverage a business owner would need. Often, BOP’s will include business interruption insurance, property insurance, vehicle coverage, liability insurance, and crime insurance . Based

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7 Types of Insurance

7 Types of Insurance are; Life Insurance or Personal Insurance, Property Insurance, Marine Insurance, Fire Insurance, Liability Insurance, Guarantee Insurance.

Types of Insurance Business are;

  • Life Insurance or Personal Insurance.
  • Property Insurance.
  • Marine Insurance.
  • Fire Insurance.
  • Liability Insurance.
  • Guarantee Insurance.
  • Social Insurance.

These are explained below.

Life Insurance

Life Insurance is different from other insurance in the sense that, here, the subject matter of insurance is the life of a human being.

The insurer will pay the fixed amount of insurance at the time of death or at the expiry of a certain period.

At present, life insurance enjoys maximum scope because life is the most important property of an individual.

Each and every person requires insurance.

This insurance provides protection to the family at the premature death or gives an adequate amount at the old age when earning capacities are reduced.

Under personal insurance, a payment is made at the accident.

The insurance is not only a protection but is a sort of investment because a certain sum is

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Ten places to get personal statement pointers | Undergraduate

If a bit of personal statement inspiration is what you need, then look no further – here are the ten best places to pick up more than a pointer or two!
  1. The UCAS website
    Start your planning here. There are tips on how to get started and what to include. It also covers the technical aspects you need to bear in mind, such as the character count.
  2. Personal statement timeline
    Check out our personal statement timeline. It’s packed with advice on how to spread out the planning and writing stages so you’re not cramming at the last minute.
  3. Our blog
    A few years ago we asked uni admissions tutors to tell us what they’re looking for in the personal statement and the advice they shared has been so well received that it’s still our most popular blog post to date! Have a read of it here.
  4. Teachers and tutors
    Speak
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IGAD Finance Ministers Commit to Establish Emergency Fund to Combat COVID-19

CORONAVIRUS UPDATE

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The Ministers of Finance from the Intergovernmental Authority (IGAD) member states have committed to raise emergency fund to combat COVID-19 and mitigate its adverse economic effects.

The IGAD Executive Secretary Dr Workneh Gebeyehuconvened a video teleconference for the Finance Ministers on Thursday following the meeting of the regional Health Ministers the previous day.

The video teleconference was chaired by the Minister of Finance of Sudan, Dr. Ibrahim Elbadawi and attended by his counterpartsIlyas Moussa Dawaleh of Djibouti, Ahmed Shide of Ethiopia, Amb. Ukur Yatani Knacho of Kenya, Garang Mabior of South Sudan and Uganda’s Matia Kasaija.

The Minister of Finance of Sudan expressed the willingness of his country to ensure that ‘the COVID-19 doesn’t translate into a recession curve’ for the region and its people.

“The IGAD region ‘cannot afford to be complacent’ in the face of the current threat.

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Health insurance: Types and legislation

Health insurance is a type of insurance coverage that covers the cost of an insured individual’s medical and surgical expenses.

Insurers use the term “provider” to describe a clinic, hospital, doctor, laboratory, healthcare practitioner, or pharmacy that treats an individual. The “insured” is the owner of the health insurance policy or the person with the health insurance coverage.

Depending on the type of health insurance coverage, either the insured pays costs out of pocket and receives reimbursement, or the insurer makes payments directly to the provider.

In countries without universal healthcare coverage, such as the United States, health insurance is commonly included in employer benefit packages.

In the U.S., the number of people with insurance decreased from 44 million in 2013 to fewer than 28 million in 2016, according to the Kaiser Family Foundation. The researchers put this down to recent changes in legislation.

A Commonwealth Fund 2011 report informed

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Slang Terms for Money



BORED? Play our free word games – INTERACTIVE HANGMAN

Moolah, marigolds… and a macaroni!?!

By Eric Shackle

“Always try to rub against money, for if you rub against money long enough, some of it may rub off on you.” (from Damon Runyon’s story, A Very Honourable Guy).

Dough, moolah, rhino, spondulicks… there are more slang words for money than for anything else apart from sex and drink   and since you may need money to obtain the other two, money should take pride of place. When it comes to places, there are villages named Penny Bridge (Cumbria), Shillingford (Devon and Oxfordshire), and Pound Bank (Worcestershire). Scotland’s smallest county, Clackmannanshire, has a village named Dollar. The map shows it’s near Dollarbank, Dollarbeg and the Burn of Sorrow.

The following British places have money names:

PENNY: Penny Bridge, Cumbria; Pennyfuir, Argyll &

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