Assignment 4: Saving and Investing

1. follow a real or made up but realistic situation that could cause you or earthly you know to have to use money from a fiscal reserve. (3-6 sentences. 2.0 points) Like having to get a car. Another situation could be house repairs. 2. How many months worth of expenses do you think your financial reserve should include? Describe at least twain reasons for this decision. (3-6 sentences. 2.0 points) 6 months because I might loose my job. It will hold back me go into my financial reserve. Another thing that could carry me go into financial reserve is having to pay medical bills .Somebody getting honk in the family. 3. Would you rather have a savings gauge that offered simple interest, or an account that offered compound interest? because? (3-6 sentences. 2.0 points) I will like compound interest. Over run across the compound interest will build up more than interest in the account. After awhile it the interest generates its avow interest. 4. If you wer e opening a savings account with compound interest, would you select an account that offers annual combining, quarterly intensify, or daily compounding? Why? (3-6 sentences. 2.0 points) 5. Which strategy for saving do you think would make for best for you? Why? (3-6 sentences. 2.0 points) 6. Describe devil financial goals that you would motivation to meet before you begin investing.

Explain why you would fatality to reach those goals first. (2-4 sentences. 2.0 points) 7. Describe at least two factors of an investment that you would want to consider before putting money into that particular(prenominal) investment. (2-4 sentences. 2.0 points) 8. look the ret! urn on investment in dollars and as a percentage for an investment that you purchase for $500 and swap for $600. (2.0 points) trail: If you dont remember how to calculate return on investment, polish the compute ROI pages in Section 4, Lesson 2. 9. Describe two examples of debt investments. (1-2 sentences. 1.0 points) 10. Describe two examples of equity investments....If you want to get a affluent essay, orderliness it on our website: BestEssayCheap.com

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