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80% of Americans are in debt
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∙ 12y ago
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What percent of Americans are in debt in 2007?
About 90%... Wanda Improve Credit, LLC
Lewis Schultz and Nobel Development Corp has an after-tax cost of debt of 6.3 percent With a tax rate of 30 percent what is the yield on the debt?
yield on debt = 6.3/.70 = 9%
Why Americans in credit card debt?
Many Americans have credit card debt because they supplement their purchasing with credit cards due to a lack of adequate income. Some Americans have credit card debt because they are addicted to shopping or because they are not making enough money to pay their bills.
The national debt is 6 percent a year how long would it take for the debt to double?
12 years
Housing represents what percent of the monthly budget of most Americans?
65 percent
What percentage of Americans are debt free?
With 43 percent of Americans spend more money a year than what they make, and another 90 percent of Americans not even using a monthly budget it is obvious there are very few Americans that are debt free. Currently 24 percent of American are debt free.
What percentage of Americans have no debt?
I would guess about 10 percent.
What percent of Americans are in debt in 2007?
About 90%... Wanda Improve Credit, LLC
How many Americans have struggled with college student loan debt?
There are almost twenty million Americans that attend college. Sixty percent of this number borrow loans to finance their studies and therefore struggle with a college student loan debt.
What is the monthly savings for the average American?
As of 2020, the average personal savings rate for Americans was around 7.6%. Therefore, if the average American earns $4,000 per month, they would be saving around $304 per month. However, individual circumstances can vary greatly, so this amount may be higher or lower for different people.
If you have the debt assets after taxes percent of 10 percent cost of debt 8 percent and cost of equity 12 percent how is cost of capital calcuated?
WACC = Cost of Debt * Weight of Debt = + Cost of equity * Weight of Equity WAAC = .08*.10 + .12*.90 WAAC = 10.88%
What does Personal Debt Ratio 99 percent mean?
It means that the person's debt is equivalent to 99 percent of their [annual] income.
Depression affects what percent of Americans?
15-20 percent depresiion affected what percent of americans.
Lewis Schultz and Nobel Development Corp has an after-tax cost of debt of 6.3 percent With a tax rate of 30 percent what is the yield on the debt?
yield on debt = 6.3/.70 = 9%
Why Americans in credit card debt?
Many Americans have credit card debt because they supplement their purchasing with credit cards due to a lack of adequate income. Some Americans have credit card debt because they are addicted to shopping or because they are not making enough money to pay their bills.
Is a debt ratio of more than 20 percent good?
no because debt is always bad.
Ethnic groups in Alaska by size from largest to smallest?
Alaskan Demographics:German-Americans form the largest ethnic group at 16.6 percent of the population. American Indians and Alaskan Natives are second with 15.6 percent.Irish Americans ranked third at 10.8 percent of the population.English Americans make up 9.6 percent of the population.Hispanics and Latin Americans 5.5 percent of the population.Norwegian Americans make up 4.2 percent of the population.Asian Americans make up 4.0 percent of the population.African Americans make up 3.8 percent of the population.French Americans make up 3.2 percent of the population.Native Hawaians and Pacific Islanders represent 0.5 percent of the population.
