Assignment 4: Saving and Investing

1. follow a real or made up but realistic situation that could cause you or psyche 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 fiscal reserve should include? Describe at least duet reasons for this decision. (3-6 sentences. 2.0 points) 6 months because I might loose my job. It will define me go into my financial reserve. Another thing that could go me go into financial reserve is having to pay medical bills .Somebody getting vomit in the family. 3. Would you rather have a savings evaluate that offered simple interest, or an account that offered compound interest? accordingly? (3-6 sentences. 2.0 points) I will like compound interest. Over insure the compound interest will build up more than than interest in the account. After awhile it the interest generates its roam interest. 4. If you were opening a savings account with compound interest, would you opt an account that offers annual combining, quarterly compound, 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 need to meet before you begin investing. Explain why you would essential to reach those goals first. (2-4 sentences. 2.0 points) 7. Describe at least two factors of an enthronement that you would want to consider before putting money into that particular(prenominal) investment. (2-4 sentences. 2.0 points) 8. place the return on investment in dollars and as a percentage for an investment that you purchase for $500 and swap for $600. (2.0 points) run: If you dont remember how to calculate return on investment, polish the reason ROI pages in Section 4, Lesson 2. 9. Describe two examples of debt investments. (1-2 sentences. 1.0 points) 10. Describe two examples o! f equity investments....If you want to get a affluent essay, align it on our website: BestEssayCheap.com

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