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Cards In This Set
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Who is most likely to benefit by inflation?
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Borrowers
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The stages that an individual goes through based on age, financial needs, and family situation is called the:
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Adult life cycle.
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Adult life cycle.
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The stages that an individual goes through based on age, financial needs, and family situation is called the:
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Six steps in financial planning process
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1. detrmne current fin sit. 2.dvlp fin goals 3.idntfy alt courses of action 4.Evaluate alts 5.create&implmnt fin action plan 6.review&revise fin plan
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A formalized report that summarizes your current fin situation, analyzes your fin needs, and recommends a direction for your fin activities is a(n):
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Financial plan.
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Financial plan.
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A formalized report that summarizes your current fin situation, analyzes your fin needs, and recommends a direction for your fin activities is a(n):
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Which type of computation would a person use to determine current value of a desired amount for the future?
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Present value of a single amount
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Changes in income, values, and family situation make it necessary to
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Evaluate and revise your actions
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A functional résumé is best for a person who
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Has diverse skills
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The purpose of the development section of a cover letter is to
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Highlight background that qualifies the applicant for a specific job
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Money management refers to
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Day-to-day financial activities
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Medical expenses deductible for amount that is over ___ of AGI
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7.5%
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An all-purpose account that provides several services is a(n):
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Asset management account
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Asset management account
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An all-purpose account that provides several services is a(n):
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When did installment credit explode on the American scene?
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With the advent of the automobile in the early 1900s
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