Quiz 1 >> Personal & Family Financial Plan ning
TOTAL POINTS 5
1.Inflation is defined as a steady rise in the general level of prices.Question text
1 point
2.A method by which one can compare cash flows across time, either as what a future cash flow is worth today (present value) or what an investment made today will be worth in the future (future value) is called
1 point
3.In 2 years you are to receive $4,000. If the interest rate were to suddenly increase, the present value of that future amount to you would
1 point
4.You can use ——————– to roughly estimate how many years a given sum of money must earn at a given compound annual interest rate in order to double that initial amount .
1 point
5.The process of obtaining future values is referred to as:
1 point
Related Questions & Answers:
- Time Value of Money Assignment Time Value of Money Assignment >> Personal & Family Financial Planning TOTAL POINTS 6 1.Michael and Jessica decide to ... Read more...
- Financial Record Keeping Assignment Financial Record Keeping Assignment >> Personal & Family Financial Planning TOTAL POINTS 1 1. Question 1 Determine how your actual ... Read more...
- Quiz 3 – Taxation Quiz 3 – Taxation >> Personal & Family Financial Planning TOTAL POINTS 5 1.Which is NOT a way ... Read more...
- Credit Report Assignment Credit Report Assignment >> Personal & Family Financial Planning TOTAL POINTS 5 1. i. Do you have late payments? 1 ... Read more...
- Quiz 4 – Credit Quiz 4 – Credit >> Personal & Family Financial Planning TOTAL POINTS 5 1.Which Law requires creditors to disclose ... Read more...
- Insurance Assignment Insurance Assignment >> Personal & Family Financial Planning TOTAL POINTS 4 1. Do you have medical payments coverage? Do ... Read more...
