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Discussion Question 14
A discussion question should be answered with a substanti
Discussion Question 14
A discussion question should be answered with a substantial post of 2-3 paragraphs.
Then, it will be followed up with two peer responses that are also substantial responses of 1-2 paragraphs.
Why is it essential to prepare a personal financial budget?
Explain what is meant by the term “time value of money”. For example, why might it be better to receive $8 today, over receiving a promise of $9 seven years from now?
How should one consider the time value of money when planning for retirement? Please share examples within your response.
So two pages total is good including responses.
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