14.

Calculate the future value of an account after youve contributed $1,000 at the end of each year for 40 years, assuming you can earn 9 percent compounded annually and you dont make a withdrawal during the 40- year period. Now calculate the value of the same account if you stop making contributions after 30 years. What does this tell you about the power of time when trying to accumulate wealth?

14.

Why do insurance products play such a critical role when planning for financial life events? Do any of the life events not prompt an insurance review? What insurance products do you consider essential for yourself after graduation when you are getting started? What coverage might your employer provide? What insurance products will you need to purchase?

16.

Why should you continue to upgrade your skills even after graduation? Name a few methods for upgrading and reinventing your skills in your career field. Estimate the costs associated with these strategies. Will you or your employer likely be responsible for the cost of these investments in yourself? Have these issues come up in job interviews? Return = risk free +