Questions from Personal Finance

Q: How do you think the financial planner will be of the most

How do you think the financial planner will be of the most help to Dan and Laura? Be specific and explain why.

Q: What is the significance of IRR?

What is the significance of IRR?

Q: How is the Rule of 72 a helpful tool?

How is the Rule of 72 a helpful tool?

Q: What is future value and how is it calculated?

What is future value and how is it calculated?

Q: What would be the consequence of not accounting for inflation?

What would be the consequence of not accounting for inflation?

Q: Dawn and Mildred had the same starting sum of $120,

Dawn and Mildred had the same starting sum of $120,000. Each made withdrawals of $24,000 a year. In years 2, 3, and 4, each had returns of 9 percent a year. Dawn had a 50 percent drop in year 1 and a...

Q: If operating efficiently is the main goal of a household enterprise,

If operating efficiently is the main goal of a household enterprise, are there any drawbacks?

Q: How do finance and economics differ in emphasis?

How do finance and economics differ in emphasis?

Q: What is to be gained by incorporating both theory and practical tools

What is to be gained by incorporating both theory and practical tools, such as opportunity cost of time, into household planning?

Q: What makes the household the financial structure for the individual?

What makes the household the financial structure for the individual?