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Which of the following equations best represents the simple modiel of finanelal planining? Finaricial goall (at timve n ) equals. 1) Future savings - consumption

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Which of the following equations best represents the simple modiel of finanelal planining? Finaricial goall (at timve n ) equals. 1) Future savings - consumption each year + investment income on annual savings. 2) Earnings + consumption - existing savings + investment income on annual savings. 3) Existing savings + investment income + earnings - consumption + investme: income on annual savings. 4) Investment income - consumption +existing savings + future savings + investment income on annual savings

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