Holly deposited $7,000 in a cd and will get charged penalties if she makes withdrawals within five years. however, she will need this money to pay for college tuition next year. what saving and investing principle should holly have followed?
understand your risk tolerance.
diversify.
keep investments simple.
consider how long you plan to keep your money in the investment.

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?

Match the situations that will develop one's personality and those that won't peter is surrounded by friends who are always encouraging him jonathan always watches television when he wants to take a break from his books libby sets small targets for herself and strives to achieve them. the smiths indulge in an animated discussion on varied topics every evening after dinner. brook loves junk food and exercises once in a while. develops your personality develops doesn't develop your personality

What is the relationship between credit and debt?