Ugba 135 final Study guides, Class notes & Summaries
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UGBA 135 Final Exam (Fall 2022)
- Exam (elaborations) • 23 pages • 2023
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UGBA 135 Final Exam (Fall 2022)
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UGBA 135 Final question n answers graded A+ 2023/2024
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UGBA 135 Finalwhat is the greatest factor that determines your credit score? - correct answer paying bills on time over time 
 
the "cornerstone" of wealth is? - correct answer being frugal, not cheap but value oriented 
 
what is the minimum criteria for a credit score? - correct answer - at least one reported "account" which has been open for at least six months 
- at least one report that has been reported by a lender in the last six months and nothing that indicates you're deceased 
 
w...
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UGBA 135 Final Exam Questions and Answers 100% Correct
- Exam (elaborations) • 54 pages • 2023
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UGBA 135 Final Exam Questions and Answers 100% Correct 
The Rule of 72 is used to estimate 
A. How long will it take you to earn 50%? 
B. How long it will take you to out-earn inflation? 
C. How long it will take to double your money? D. None of the above C (How long it will take to double your money) 
Compounding means earning interest on interest (T/F) True 
Who said compound interest is the greatest discovery of mankind? Albert Eienstien 
The best time to decide how much to save for retiremen...
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UGBA 135 Final Exam (Fall 2022)
- Exam (elaborations) • 22 pages • 2023
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UGBA 135 Final Exam (Fall 2022) 
 
The Rule of 72 is used to estimate 
A. How long will it take you to earn 50%? 
B. How long it will take you to out-earn inflation? 
C. How long it will take to double your money? 
D. None of the above 
C (How long it will take to double your money) 
Compounding means earning interest on interest (T/F) 
True 
Who said compound interest is the greatest discovery of mankind? 
Albert Eienstien 
The best time to decide how much to save for retirement each month is a...
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UGBA 135 final exam 2023 with complete solution
- Exam (elaborations) • 19 pages • 2023
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UGBA 135 final exam 2023 with complete solution
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UGBA 135 FINAL Exam With 100% Correct Answers 2023
- Exam (elaborations) • 15 pages • 2023
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UGBA 135 FINAL Exam With 100% Correct Answers 2023 
Mortgage 
- Legal document that pledges a piece of property as collateral to repay the lender 
- Lender can take possession of the property if you cannot repay and sell for profit 
 
 
 
First Mortgage 
- primary loan with priority on claims in case of default 
- First mortgage is secured by a piece of property, has first claim on the property, a legal loan documents. 
 
 
 
Second Mortgage 
- riskier, because paid off second 
- higher rate of ...
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UGBA 135 Final Exam With 100% Correct Answers 2023
- Exam (elaborations) • 26 pages • 2023
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UGBA 135 Final Exam With 100% Correct Answers 2023
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UGBA 135 Final Exam (Fall 2023) Questions And Answers.
- Exam (elaborations) • 24 pages • 2023
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UGBA 135 Final Exam (Fall 2023) Questions And Answers.
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UGBA 135 FINAL Exam With 100% Correct Answers 2023
- Exam (elaborations) • 20 pages • 2023
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UGBA 135 FINAL Exam With 100% Correct Answers 2023
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UGBA 135 FINAL Questions and answers latest update 2024
- Exam (elaborations) • 27 pages • 2024
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UGBA 135 FINAL Questions and answers latest update 2024
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