BUSN 380 study Great Stories/busn380study.com BUSN 380 study Great Stories/busn380study.com | Page 16

"Save funds for an annual vacation."
"Invest $2,000 a year for retirement."
Question 10. Question : (TCO 1) _____ risk refers to the changing cost
of money.
Monetary Inflation
Economic
Personal
Interest rate
Question 11. Question : (TCO 1) Calculating future value investing
problems involves the process of
discounting.
add-on interest.
adding simple interest.
compounding.
an annuity.
Question 12. Question : (TCO 1) Barb Hotchkins is in the 28% tax
bracket. A tax-exempt employee benefit with a
value of $600 would have a tax-equivalent value of
$678.
$628.
$833.