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Ernest has three engineering degrees.He has hired an interior decorator to update his home.He is tremendously frustrated when he asks what he thinks are simple questions about weight-bearing walls and insulation requirements,and the designer is unable to understand.Yet Ernest has the same problems when the designer starts talking about mauve,cerise,and magenta.Why is the communication process not working in this instance?
Fire Insurance
A type of insurance policy that covers damage and losses caused by fire.
Rule Of 70
A simple way to estimate the number of years it takes for an amount to double, by dividing the number 70 by the annual growth rate percentage.
Interest
The cost of borrowing money or the return on investment for savings and investments, typically expressed as an annual percentage rate.
Risk Averse
Describing individuals or entities that prefer to avoid risk and would rather choose an alternative with a more certain but possibly lower return, than an option with a higher but uncertain return.
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