saving, spending, and borrowing based on current needs. achieving personal economic satisfaction.
Question 7.7.( TCO 1) When it comes to the financial planning process, the first step is to
develop financial goals. implement the financial plan. evaluate and revise your actions. analyze your current personal and financial situation. create a financial plan of action.
Question 8.8.( TCO 1) If a person wants to determine the current value of a desired amount for the
future, the following computation would be used. Simple interest Present value of a single amount Future value of a series of deposits Future value of a single amount Present value of a series of deposits
Question 9.9.( TCO 1) Which goal below would be the easiest to implement and measure in terms of
accomplishment? " Reduce our debt payments." Save $ 100 a month to create a $ 4,000 emergency fund."