Questions from Personal Finance


Q: Future Value. Luis wants to know how much he will have

Future Value. Luis wants to know how much he will have available to spend on his trip to Belize in three years if he deposits $3,000 today at an annual interest rate of 2%.

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Q: Estimating Net Worth. At the beginning of the year, Lakynn

Estimating Net Worth. At the beginning of the year, Lakynn has a net worth of $4,500. During the year, she set aside $80 per month from her paycheck for savings. In December, she made a $600 payment f...

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Q: Change in Savings. Angela analyzes her personal budget and decides that

Change in Savings. Angela analyzes her personal budget and decides that she can reduce her recreational spending by $80 per month. How much will that increase her annual savings? What will her annual...

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Q: How can an understanding of personal finance enhance your job marketability?

How can an understanding of personal finance enhance your job marketability?

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Q: Factors Affecting Cash Outflows. List your monthly cash outflows. Will

Factors Affecting Cash Outflows. List your monthly cash outflows. Will everyone have similar cash outflows?

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