According to your specifications, iFinance analyzes precisely where your money comes from and where you spend it. IFinance 4 offers a broad range of easy-to-customize charts and reports. This may for example become useful if you are in charge of a club's or association's finances or if you manage a bank account with another person.Ĭharts, Reports, Budgets, and Budget Analysis The latter also allows you to use and edit databases together with multiple users. Synchronize your data between Mac computers, iPhones, and iPads (iFinance 4 for iOS sold separately at the iOS App Store) via iCloud or the integrated WiFi sync. Customers of a German bank are able to use HBCI import and HBCI banking. iFinance is also able to print on money transfer forms. Import your transactions as a CSV-, QIF-, OFX- or mt940 file in order to see all transactions in iFinance. Supported file import formats: CSV, OFX, QIF, MT940 File attachments (for single transactions) Analyse expenses, income, losses and profits Have iFinance 4 analyze your finances and see immediately what your biggest spending items are and where there is potential for savings. Is it current spending such as rent or mortgage payments, insurances, food or loans? Or do nights out with friends, special treats, impulse purchases, and tobacco products add up to a hefty sum? Would you like to find out how your assets perform or why you max out your bank account on a regular basis without really knowing where your salary goes each month? iFinance 4 has all the answers. By taking a quick look at its useful evaluations and charts, you'll immediately know what you spend money on and where your income comes from - optimizing your finances becomes a breeze! iFinance's automatic category assignment, keywords, budgets and analysis features will turn your bank account history into much more than a list of bare figures. Which statement is most likely to be TRUE? Rob chose his current job for reasons other than a lower cost of living.IFinance 4 allows you to keep track of your income and expenses in the most convenient and fastest way. When Rob compared the COst of Living index for the city he currently lives in with the city where the other job was located, the index for his city was 106 and the index for the other city was 78. Which would be considered employee benefits? Paid sick leave. SHe would be able to make regular savings deposits and earn interest while she is saving up for the computer Rob's parents asked him what employee benefits his employer was providing. What would be the best advice for Ariel? Shop around for the depository institution with the highest interest rates for their savings accounts. SHe has asked you for advice on which type of account would be best for her. She wants to open a special account at a depository institution to keep her saved money safe. Which of the following statements would be best one for him to include to show that he understands compounding interest? Earning interest on interest When a goal has been set to save $100 a month for an emergency fund of $2,000, giving up food from the vending machine to achieve that goal is the: trade-off In relation to the other options, how liquid is a savings account? More liquid than a Certificate of Deposit Ariel is saving money to purchase a new computer before she leaves for college in two years. Which statement is the most correct description of liquidity? How quickly and easily an asset can be converted into cash When taking advantage of the time value of money, which of the following is most likely to result in the largest return? Invest as long as possible and at the highest interest rate possible Dylan is preparing a presentation about saving and the presentation rubric says that he must include an explanation of compounding interest. Kylee's Personal Finance class has been discussing the importance of understanding liquidity and she is trying to explain the term to another student.
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