Title: FIN 420 TUTORIALS Exciting Results / fin420tutorials.com
1FIN 420 TUTORIALS Exciting Results /
fin420tutorials.com
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2FIN 420 TUTORIALS Exciting Results
FIN 420 Entire Course FOR MORE CLASSES
VISIT www.fin420tutorials.com FIN 420 Week 1 DQ
1 FIN 420 Week 1 DQ 2 FIN 420 Week 1 Individual
Assignment Personal Finance Mission Statement
FIN 420 Week 2 Individual Assignment Personal
Finance Problems and Summary FIN 420 Week 2
Personal Finance Quiz
3FIN 420 TUTORIALS Exciting Results
FIN 420 Week 1 DQ 1 FOR MORE CLASSES
VISIT www.fin420tutorials.com Describe your
current budgeting system. What factors influence
your financial decisions? What are the benefits
or concerns of your current budgeting system?
4FIN 420 TUTORIALS Exciting Results
FIN 420 Week 1 DQ 2 FOR MORE CLASSES
VISIT www.fin420tutorials.com Ch. 1 of Focus on
Personal Finance introduces eight components of
personal financial planning. Describe three
components of personal financial planning. Visit
one of the Key websites suggested on the
corresponding pages of Focus on Personal Finance
for each of the three components you described.
What information did you find most valuable on
the websites you visited?
5FIN 420 TUTORIALS Exciting Results
FIN 420 Week 1 Individual Assignment Personal
Finance Mission Statement FOR MORE CLASSES
VISIT www.fin420tutorials.com Write a 350- to
700-word personal finance mission statement that
describes where you want to be financially and
how you want to get there. Communicate the
following in your mission statement Personal
values
6FIN 420 TUTORIALS Exciting Results
FIN 420 Week 2 DQ 1 FOR MORE CLASSES
VISIT www.fin420tutorials.com Consider your
personal cash flows. How would you adjust cash
outflows (i.e. adjust your budget) if your
household income was cut in half? If your cash
inflows increased, how would you reallocate your
surplus to meet your personal needs and
objectives? How do you use credit as a part of
your personal financial plan?
7FIN 420 TUTORIALS Exciting Results
FIN 420 Week 2 DQ 2 FOR MORE CLASSES
VISIT www.fin420tutorials.com Many different
types of financial institutions exist.
Differentiate between deposit institutions and
non-deposit institutions. Provide two examples of
deposit and non-deposit financial institutions
with a brief explanation of each. How can you use
each of these financial institutions to manage
your cash flows and develop or enhance your
personal financial plan?
8FIN 420 TUTORIALS Exciting Results
FIN 420 Week 2 Individual Assignment Personal
Finance Problems and Summary FOR MORE CLASSES
VISIT www.fin420tutorials.com Complete the
Personal Finance Problems - Week 2. Write a
750- to 1,050-word summary of the problems in
which the team includes the following
9FIN 420 TUTORIALS Exciting Results
FIN 420 Week 2 Personal Finance Quiz FOR MORE
CLASSES VISIT www.fin420tutorials.com 1 Carla
Lopez deposits 2,500 a year into her retirement
account. If these funds have an average earning
of 8 percent over the 40 years until her
retirement, what will be the value of her
retirement account?
10FIN 420 TUTORIALS Exciting Results
FIN 420 Week 3 DQ 1 FOR MORE CLASSES
VISIT www.fin420tutorials.com Evaluate your
personal risk tolerance using Exhibit 11-2 A
Quick Test to Measure Investment Risk in Ch. 11
of Focus on Personal Finance. Based on your
results, were you considered more conservative or
less conservative? What factors affected your
investment choices?
11FIN 420 TUTORIALS Exciting Results
FIN 420 Week 3 DQ 2 FOR MORE CLASSES
VISIT www.fin420tutorials.com Financial experts
agree that having an emergency fund is an
essential component of a comprehensive financial
plan. However, advice regarding the number of
months of household expenses the emergency fund
should cover varies between 3 and 9 months.
Taking into account the current financial
environment, how many months of expenses would
you recommend for an emergency fund and why?
12FIN 420 TUTORIALS Exciting Results
FIN 420 Week 3 Individual Problem Worksheet FOR
MORE CLASSES VISIT www.fin420tutorials.com Compl
ete Worksheet 37 in Focus on Personal Finance,
Your Financial Plan Evaluating Corporate
Bonds. Explain the principle of asset
allocation. Using the Internet or library
research, prepare a 2-minute
13FIN 420 TUTORIALS Exciting Results
FIN 420 Week 3 Learning Team Problems FOR MORE
CLASSES VISIT www.fin420tutorials.com
Assume that you are choosing an investment for
your retired parents. What are the advantages and
disadvanges of each of the following? o a
bond issued by the federal government,
14FIN 420 TUTORIALS Exciting Results
FIN 420 Week 4 DQ 1 FOR MORE CLASSES
VISIT www.fin420tutorials.com Adjustable rate
mortgages (ARMs) have received a great deal of
bad press due to the tremendous number of
foreclosures resulting from families who could
not afford the loan payments once the interest
rates increased. Do you believe this loan option
was used appropriately in recent years?
15FIN 420 TUTORIALS Exciting Results
FIN 420 Week 4 DQ 2 FOR MORE CLASSES
VISIT www.fin420tutorials.com Visit a site such
as www.bankrate.com to determine current rates
for both a 60-month and a 36-month loan on a new
car where the buyer must finance 20,000. Using
the loan calculator, what is the difference in
monthly payments between the 60-month loan and
the 36-month loan?
16FIN 420 TUTORIALS Exciting Results
FIN 420 Week 4 Individual Assignment Mutual Fund
Evaluation FOR MORE CLASSES VISIT www.fin420tutori
als.com Choose a mutual fund family such as
Vanguard, American Funds, T. Rowe Price, and so
forth. Identify one mutual fund from that
family for each of the following categories
17FIN 420 TUTORIALS Exciting Results
FIN 420 Week 4 Personal Finance Quiz FOR MORE
CLASSES VISIT www.fin420tutorials.com 1 As a
stockholder of Kentucky Gas and Oil, you receive
its annual report. In the financial statements,
the firm reported after-tax earnings of
1,200,000 and has issued 1,500,000 shares of
common stock. The stock is currently selling for
24 a share. What is the per earnings share for
Kentucky Gas and Oil?
18FIN 420 TUTORIALS Exciting Results
FIN 420 Week 5 DQ 1 FOR MORE CLASSES
VISIT www.fin420tutorials.com Life insurance is
a topic many people do not like to discuss, but
understanding your familys needs and planning
appropriately in the event of a premature death
is also part of a comprehensive financial plan.
Outlined in Ch. 10 are four methods for
estimating life insurance needs.
19FIN 420 TUTORIALS Exciting Results
FIN 420 Week 5 DQ 2 FOR MORE CLASSES
VISIT www.fin420tutorials.com Consider your
current financial plan. Based on what you have
learned about your financial goals, risk
tolerance, and risk and return of various
investment options, what adjustments should you
make to the asset allocation of your investment
portfolio?
20FIN 420 TUTORIALS Exciting Results
FIN 420 Week 5 Individual Problem Worksheet FOR
MORE CLASSES VISIT www.fin420tutorials.com Compl
ete the following problems Describe the two
types of tax-deferred investment accounts an
IRA, and a 401(k) or 403(b), and contrast them
with a regular taxable investment account. What
types of investments are best held in a
tax-deferred account? What types are best held as
taxable savings?
21FIN 420 TUTORIALS Exciting Results
FIN 420 Week 5 Team Assignment Financial Planning
in Action FOR MORE CLASSES VISIT www.fin420tutoria
ls.com Choose a minimum of three of the four
following life situations (or use all four)
Husband/wife, two kids, 1 income, mortgage,
good salary, some savings, no college fund
Divorced, 55 years old, 1.2 million, 2 kids in
college, no debt
22FIN 420 TUTORIALS Exciting Results /
fin420tutorials.com
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