Description
Covers the time value of money, cash management strategies and the creation of the personal financial planning client's spending plan.
Objectives
- Recall the strategic tool used to identify fundamental personal financial planning goals.
- Recognize a personal financial planning service.
- Identify a statistical measure of the change in prices for a set of products.
- Select the alternative name for the interest rate used in determining present value.
- Calculate an inflation-adjusted return.
- Recall an assumption used when calculating serial payments.