1.What are some of the main components of personal financial planning?

2.What factors influence the level of interest rates?

3.Use time value of money tables to calculate the following:

a. The future value of $100 at 5percent in 8years

b. The future value of $100 a year for 8 years earning 8percent

c. The present value of $1500 received in 10years with an interest rate of 4percent.

4.In early 2015, selected automobiles had an average cost of $20,000. The average cost of those same motor vehicles is now $24,000. What was the rate of increase for this item between the two time periods?

5.How are Budgets defined according to Todds lecture?

6.Define the four classes of assets.