FIN 4100 Chapter 1 Questions

अब Quizwiz के साथ अपने होमवर्क और परीक्षाओं को एस करें!

the present value

The variable that you are solving for in a present value of an annuity problem is:

develop your goals

After putting your financial plan to work, you should periodically review and revise your plan, especially if you have all of the following, except:

saving $200 a month

A goal that would be considered measurable would be:

charge an amount that will pay them to operate and charge an adequate interest rate

Financial intermediaries' main goal is to:

decrease future value

How would a decrease in the interest rate effect the future value of a lump sum, single amount problem (all other variables remain the same)?

increase the present value

How would a decrease in the interest rate effect the present value of a lump sum, single amount problem (all other variables remain the same)?

decrease the present value

How would an increase in the interest rate effect the present value of an annuity problem (all other variables remain the same)?

lead to higher interest rates

If the providers in the financial system dramatically change their behavior by significantly reducing their savings, this has the potential to:

personal values

The first step in the Financial Planning Process is to determine your current financial situation. This includes reviewing all of the following, except:

obtain funds for the least cost

The primary goal of the Users in the Financial system is to:

future value

The variable that you are solving for in a future value of a lump sum problem is:

present value

The variable that you are solving for in a present value of a lump sum problem is:

payments

The variables in a present value of a lump sum problem include all of the following, except:

future value

The variables in a present value of an annuity problem include all of the following, except:

Goals that are SMART, include

Specific, Measurable, Action-Oriented, Realistic, Time-Oriented

spending so much time creating a plan that you never put it never it into action

The "Paralysis of Analysis" means:


संबंधित स्टडी सेट्स

Jurisdiction of the Federal Courts

View Set

Module 1: Chapter 1: Introduction to Computers and Programming

View Set

Nursing foundations exam 2 black chapter 4

View Set

End-of-Life, Palliative Care, Spirituality, Pain Saunders NCLEX ch. 5,6,71 (culture, ethics, crisis)

View Set

Epiglottitis Practice Questions:

View Set

NTR 105 - Chapter 18 - Marketing - Final Exam

View Set

*Psych Review Test 1*, **Psych Unit 5 quizes for Test #2** P, **Psych Unit 6 Quizes for Test #2** P, **Psych quiz #7** P, Psych Unit 8 Tests P, P Psych Unit 9 Quiz questions, P Psych Unit 10 quiz ques, P Psych Unit 11 Quizes, P Psych Unit 12 Question...

View Set