Finance is exciting! In this course, we learned how money can grow through the use of...

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Finance

Finance is exciting! In this course, we learned how money cangrow through the use of compounding and interest rates and yourgrowth strategies may now be different. What are your new financialgoals? Would you like to become more liquid, to save more for yourretirement, or to start a new business? Whatever your goals,finance is right at the core. Think about what you learned in thiscourse regarding investing to complete this assignment.

Write a two to three (2-3) page paper in which you:

  1. Describe (3) ways you will invest in your future based on theprinciples of finance discussed in this course. Include terminologyfrom the course and use citations as necessary to support yourexplanation of the terminology.
  2. Discuss one of the (3) ways you feel most confident as a way toinvest in your future. Explain your level of confidence.
  3. Of the (3) ways you will invest in your future, discuss the oneyou perceive might be the most challenging. Then, discuss how youmight overcome some of those challenges.

Answer & Explanation Solved by verified expert
4.5 Ratings (830 Votes)
Although the answer completely depends on the discussions you had in your class I will try and answer in a more generic way Hope my answer adds value to your learning Finance is Indeed fun and exciting In fact I would like to add that it is more of a common sense thing too For instance if some one offers me 100 today or 100 a year later I would definitely demand the 100 today This is the most basic and most important concept of Finance Time Value Of money A dollar today is worth more than the dollar a year later Malcolm Gladwell in his book The Tipping Point shares an interesting example to explain the power of compounding Start with a stack of one cent Place one coin on a checkerboard square and double it as you move to each square How much money will you have on the 64th square You will be astonished to know that it would become    See Answer
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