Financial institutions and financial markets play a massive role in guiding the international economy. The financial industry is the purveyor of credit in the market, allowing individual investors to prepare for their retirement and consumers to purchase homes. The financial industry also works closely with the central banking system of the countries they are located in through legislation and interest rate control, directly relating them to the machinations of the central banking authorities. The roles of financial institutions have changed over time, developing as economics advanced and more needs accrued. Banking institutions were originally created for people to store ...
Essays on Money Markets
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Business Plan
This Hotel will be built through a small business loan from local banks. Gold Cost Commercial Bank will take care of 60% of the needed amount of monetary capital required to complete the projection while the owners will supply the other 50% of the construction money. The Loan will be repaid in 5 years at 9% interest rate. We are also assuming that the initial operating capital to take care of the hotel will be provided by Mr. Jones and Mrs. Juliet Jones at an equal portion. Additional capital will be injected into the business after one year by ...
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