Personal Finance Tax Update
Personal Finance Tax Update
13th Edition
ISBN: 9780357438947
Author: E. Thomas Garman; Raymond Forgue
Publisher: Cengage Learning US
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Chapter 2.1, Problem 3CC
Summary Introduction

To Explain: The steps that could be taken in enhancing one’s education, experience and abilities outside a job situation.

Introduction:A sound analysis of a person’s education, experience and abilities can open one’s eyes to see how well they match with the career interests. These aspects are related to the broader field of human capital. The knowledge level, the set of skills and other intangible qualities possessed by a person must be channeled towards the betterment of the person, the entity and the society at large.

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3 years ago, you invested $9,200. In 3 years, you expect to have $14,167. If you expect to earn the same annual return after 3 years from today as the annual return implied from the past and expected values given in the problem, then in how many years from today do you expect to have $28,798?
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Ends Feb 2 Discuss and explain in detail the "Purpose of Financial Analysis" as well as the two main way we use Financial Ratios to do this.
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