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Questions and Answers
Match the following steps in the investment process with their descriptions:
Match the following steps in the investment process with their descriptions:
Understanding your investment needs = Step 1 in the investment process Calculating time in years = If your original timeline T is in days then N = T/365, if it is in months then N = T/12, if in years then T = N Determining financial goal = The desired monetary outcome of the investment Calculating investable money = The amount of money available for investing at the moment
Match the variables in the investment process with their meanings:
Match the variables in the investment process with their meanings:
Amt* 1 = The amount of money needed to reach the goal T = The time to meet the goal in days/months/years Amt* 2 = The investable money available at the moment N = The time to meet the goal in years
Match the following equations with their descriptions:
Match the following equations with their descriptions:
$N = T/365$ = Calculating time in years if original timeline is in days $N = T/12$ = Calculating time in years if original timeline is in months $T = N$ = Calculating time in years if original timeline is in years Amt* 3 = More investable money that can be saved during the time frame
Match the following investment steps with their order in the process:
Match the following investment steps with their order in the process:
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Match the following terms with their descriptions:
Match the following terms with their descriptions:
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