As Olivia Wilson plans to set aside funds for her young children's college education,she is setting a(n) ________ goal.
A) intermediate
B) long-term
C) short-term
D) intangible
E) durable
Correct Answer:
Verified
Q45: If inflation is increasing at 4 percent
Q46: The time value of money refers to:
A)opportunity
Q47: An example of a personal opportunity cost
Q48: Which of the following is an example
Q49: William Davis has a goal of "saving
Q51: Future value calculations involve:
A)discounting.
B)add-on interest.
C)compounding.
D)simple interest.
E)an annuity.
Q52: _ goals relate to personal relationships,health,and education.
A)Durable-product
B)Short-term
C)Consumable-product
D)Intangible-purchase
E)Intermediate
Q53: The first step of the financial planning
Q54: Which of the following goals would be
Q55: When prices are increasing at a rate
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