Discuss Time Horizons in Terms of Long-Term Plans,intermediate Plans,and Short-Term

question 12

Essay

Discuss time horizons in terms of long-term plans,intermediate plans,and short-term plans and provide one example of each type of plan.

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Definitions:

Credit Card Statement

An accounting of the credits and debits in the form of a monthly report sent to a credit card holder.

Spreadsheet Formula

A mathematical expression used in spreadsheet software to perform calculations, analyze data, and automate tasks within cells of a spreadsheet.

FICO Scores

A type of credit score created by the Fair Isaac Corporation, used by lenders to assess an individual's credit risk.

Debit Card

A card that acts like an electronic check and is not a credit or charge card; with each purchase, the amount is deducted from a checking account; purchases may not exceed the balance in the account.