BUSN 380 STUDY Future Starts Here/busn380study.com BUSN 380 STUDY Future Starts Here/busn380study.com | Page 18

$2,000
$2,400
$10,000
$400
$10,800

Question 6.6. (TCO 1) Personal financial planning has a main goal of
reducing a person's tax liability.
saving and investing for future needs.
spending to achieve financial objectives.
saving, spending, and borrowing based on current needs.
Question 7.7. (TCO 1) When it comes to the financial planning
process, the first step is to
develop financial goals.
implement the financial plan.
evaluate and revise your actions.
analyze your current personal and financial situation.
create a financial plan of action.
Question 8.8. (TCO 1) If a person wants to determine the current value
of a desired amount for the
future, the following computation would be used.