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disadvantages of each type selected. (Points : 10) 5. (TCO 5) Select two or three investment alternatives and describe how the influential factors of safety, risk, income, growth, and liquidity affect each investment alternative. (Points : 10) 6. (TCO 7) What is a will? Identify the primary types of wills. What are the ramifications of not having a will? (Points : 10) =================================================== BUSN 380 Week 1 Problem Set 1 To Purchase This Material Click below Link FOR MORE CLASSES VISIT www.busn380study.com TCO 1 Time value of money relationships & applications; opportunity costs; personal financial statements -Problem Set 1 1. Ben Collins plans to buy a house for $65,000. If that real estate property is expected to increase in value 5 percent each year, what would its approximate value be seven years from now? 2. At an annual interest rate of five percent, how long would it take for your savings to double? 3. In the mid-1990s, selected automobiles had an average cost of $12,000. The average cost of those same motor vehicles is now $20,000.