Key Components of Financial Planning Directions. As you see words pop up on the left side of the
video screen, write them into the workbook blanks
Assess your
situation (your income,
assets and liabilities)
Set money
Make sure you have a mix of both
short-term and long-term goals.
You must write out a detailed for accomplishing
your goals. This begins with your budget.
your plan! This involves discipline and
perseverance
2
Know your money
Regularly
and reassess your financial plan.
Replace money
with money truths.

The adjusted trial balance for china tea company at december 31, 2018, is presented below:

Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 20 years. assume you purchase a bond that costs $25. a. what is the exact rate of return you would earn if you held the bond for 20 years until it doubled in value? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. if you purchased the bond for $25 in 2017 at the then current interest rate of .27 percent year, how much would the bond be worth in 2027? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. in 2027, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2037. what annual rate of return will you earn over the last 10 years? (do not

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