Question
(You can create a fake numbers it does not need to actually be real) Take a look at your entire financial situation. Determine and describe
(You can create a fake numbers it does not need to actually be real)
Take a look at your entire financial situation. Determine and describe your current net worth by comparing your current assets (what you own) compared to your current liabilities (what you owe).
Now, track and identify your typical monthly income and a typical month of expenditures.
Next, identify the amounts you would be able to save on a monthly basis. Furthermore, declare the types of investments you would use within your portfolio.
Finally, if you were to assume an average 10% gain per year, calculate and project the amount of savings you would accumulate by the time you turn 65 years old (a typical retirement age).
State whether your financial plan meets your expectations. If your plan does not meet your expectations, what options may you have better your financial plan?
Using the following Guidelines for Writing Papers, develop and upload your 3-5 academic paper before or by the end of Week 2.
Guidelines for Writing Papers
Your papers should be:
- word-processed using Microsofts WORD (extension .doc or .docx)
- double-spaced
Your papers should have:
- one-inch margins
- a font size of 12
- a cover page that includes your papers title, your name, the date and the course identification
- an introduction that states the purpose of the paper, and provides a roadmap of the papers contents
- paragraphs that develop and support your ideas
- section titles or headings, that help to organize your presentation
- a conclusion that summarizes the paper
- a logical flow
- smooth transitions between ideas
- in-text citations and a reference (bibliography) page using APA style (no footnotes)
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