IMG_4516

Learning about Financial Planning Designations.  Please research Financial Planning designations in general and specifically each of these 3 Financial Planning designations - CFP® ChFC® AFC ® Based on what you find include in your email what is involved in earning each of the 3 listed designations above? What main areas do they cover?  In addition to the test needed for the designation, how many hours of experience do you need to receive each credential?

1. Identify at least 3 personal goals using the SMART guidelines. Financial goals should be specific , measurable, have a definite timeframe, relevant, and imply the action to be taken. Your goals can be short term (less than a year, up to years), mid term (2-5 years), or long term (>5 years).  2. Identify your values and beliefs associated with money, write brief paragraph that identifies your values and belief about money.  3. Research 3 online financial tools or apps that you might use. These might be for budgeting, saving, shopping, coupons etc. describe the app or tool and whether you think you would use it or not. If you are already using online tools or apps, you can explain what you like or don't like about them.

Your friend Binna has a money market mutual fund​ account, automatic deposit of her paycheck into an​ interest-bearing checking account at the company credit​ union, and a CD from the local branch of a bank that advertises​ "coast-to-coast" banking. What is the benefit of​ "mixing and​ matching" financial institutions and their​ services?       Question content area bottom Part 1 What is the benefit of​ "mixing and​ matching" financial institutions and their​ services?  ​(Choose all that​ apply.)     A. Increasing the flexibility of managing funds.   B. Increasing risk due to increased investments.   C. Minimizing service charges and other fees.   D. Maximizing the returns and features from combined accounts.

Please show all working as to how answers we derived. Step by step working. Describe the steps as you go.

Short Answer Essay Question: DAS • Understanding Fundamentals of Personal Finance • Career Planning • Financial Statements, Tools, and Budgets • Managing Income Taxes • Managing Checking & Savings Accounts • Building & Maintaining Good Credit • Credit Cards & Consumer Loans • Vehicles & Other Major Purchases What are three key things you have learned from any of the areas above, that you have adopted in your own personal financial management practices?

You have been asked to do a presentation to a group of young entrepreneurs on “Investing Surplus Cash.” Prepare your speech using the following outline:   With the aid of a diagram, explain the basic structure of the financial system in terms of the interaction between borrowers, lenders, financial intermediaries, and the financial markets.     Explain EACH of the following four considerations when investing surplus cash: Risk Maturity Liquidity Return

For the next problem, I am going to explain a scenario and you need to state True OR False. You will then need a written rationale explaining your choice. Be sure to be specific in rationalizing your answer. You must use your own words. It is a good idea to provide a solved example to reinforce your point. To receive full credit, be sure to give a thorough explanation of why this statement is true or false (approximately 50 words). Michael decided that investing at a higher interest rate for 7 years is a better choice for his $7,500 investment (he got for his birthday). The company he chose offered 3.5% monthly, and the other company offered 3.425% continuously. Michael chose the better option! You will need to submit your work on this problem, giving a detailed explanation of WHY and how much more the better option will produce. O True O False

Many of us apply the time value of money in our personal lives – for example when we invest dollars in a young child’s bank account earmarked for his or her eventual college education. Share an explanation of the time value of money in your own words. What criteria do accountants use to decide whether to use present or future values in accounting statements?

My question is about personal financial planning, I have the questions attached below for the hw set. thanks in advance.

Using this template, formulate and create a minimum of three SMART goals related to these aspects of personal financial planning. For each goal, also identify why this is an important financial goal for you at this time. Career planning and development     Spending plan/cash flow analysis     Tax planning     Savings and investing     Use of credit

GEN. MATH choose 1 Situation.

BUSINESS AND CONSUMER LOANS

A certified financial planner notes that with an unsubsidized student loan, the borrower has the choice of whether to make interest payments on the loan while still in college. She advises that making the interest payments rather than postponing them until after graduation is "always to your financial benefit ... because otherwise the interest payments will capitalize" (a) (b) Why does she believe that making the payments would be to your fi- nancial benefit? Are there good reasons some students decide to postpone making the interest payments until after they graduate? Briefly explain. What does the financial planner mean when noting that the interest payments will "capitalize"?

Samantha wants to take the next four years off work to travel around the world. She estimates her annual cash needs at $30,000 (if she needs more, she'll work odd jobs). Samantha believes she can invest her savings at 8% until she depletes her funds. Use the blue shaded areas on the ENTERANSWERS tab for inputs. Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong. Requirements 1 How much money does Samantha need now to fund her travels. a. Use a single Excel formula function PV and be sure to enter any payment amount with a minus sign or parenthesis. 2 After checking with a number of banks, Samantha learns she'll be able to invest her funds only at 6%. How much does she need now to fund her travels? a. Use a single Excel formula function PV and be sure to enter any payment amount with a minus sign or parenthesis.

Case Study: You have been appointed as a loans officer for the local state bank. One day a person walks into the bank looking for loan to buy a new car. List items about that individual that you should find out before making a decision whether or not to approve the loan. Note: Provide reasons for your answer at each step. THE END

I need help for D, E, and G please   You are a loan officer at the West Elm Savings and Loan. Mr. and Mrs. Brady are in your office to apply for a mortgage loan on a house they want to buy. The house has a market value of $170,000. Your bank requires  1/5  of the market value as a down payment.   (a) What is the amount (in $) of the down payment? $     (b) What is the amount (in $) of the mortgage for which the Bradys are applying? $     (c) Your bank offers the Bradys a 30 year mortgage with a rate of 5%. At that rate, the monthly payments for principal and interest on the loan will be $5.37 for every $1,000 financed. What is the amount (in $) of the principal and interest portion of the Bradys' monthly payment? $     (d) What is the total amount (in $) of interest that will be paid over the life of the loan? $   (e) Your bank also requires that the monthly mortgage payments include property tax and homeowners insurance payments. If the property tax is $1,710 per…

Please solve the following

Hi, my name is Titus Harmon. I am really having trouble understanding this question. I don't know how to plug it in to a finance calculator. From Personal Finance. Chapter 1.  5. Using the present and future value tables in Appendix A, the appropriate calculations on the Garman/Forguecompanion website, or a financial calculator, calculate the following: (a)The amount a person would need to deposit today to be able to withdraw $6,000 each year for ten years from an account earning 6 percent.

Divu fiance