maintain a balanced budget for the federal government .
Question 4.4 . ( TCO 1 ) The _____ refers to stages that an individual goes through based on age ,
financial needs , and family situation . financial planning process financial cycle adult life cycle personal economic cycle tax planning process
Question 5.5 . ( TCO 1 ) The future value of an account in which $ 2,000 is deposited each year for 5
years , and which earns 4 %, is approximately _____ after 5 years . $ 2,000 $ 2,400 $ 10,000 $ 400 $ 10,800 Question 6.6 . ( TCO 1 ) Personal financial planning has a main goal of reducing a person ' s tax liability . saving and investing for future needs . spending to achieve financial objectives .