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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."
"Save funds for an annual vacation."
"Invest $2,000 a year for retirement."
Question 10.10. (TCO 1) _____ risk refers to the changing cost of
money.
Monetary
Inflation
Economic
Personal
Interest rate
Question 11.11. (TCO 1) You want to determine the current value of
an annuity that pays $350 a month