Which of the following goals would be the easiest to implement and measure its accomplishment?
A) "Reduce our debt payments."
B) "Save funds for an annual vacation."
C) "Save $100 a month to create a $4,000 emergency fund."
D) "Invest $2,000 a year for retirement."
E) "Increase our emergency fund."
Correct Answer:
Verified
Q47: An example of a personal opportunity cost
Q48: Which of the following is an example
Q51: As Cynthia Tyler plans to set aside
Q51: Future value calculations involve:
A)discounting.
B)add-on interest.
C)compounding.
D)simple interest.
E)an annuity.
Q52: If inflation is increasing at 3 percent
Q52: _ goals relate to personal relationships,health,and education.
A)Durable-product
B)Short-term
C)Consumable-product
D)Intangible-purchase
E)Intermediate
Q53: .Brad Johnson has a goal of "saving
Q56: When prices are increasing at a rate
Q58: The financial planning process concludes with efforts
Q58: The time value of money refers to:
A)Opportunity
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents