Which Financial Planning Concepts Should Be Helpful to a Couple

question 9

Multiple Choice

Which financial planning concepts should be helpful to a couple planning for how much money to start saving for their retirement?

• A) reinvesting
• B) compound interest
• C) future values
• D) present values
• E) all of the above

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Definitions:

Ratio

A mathematical relationship that compares two numbers or quantities, indicating how much of one value exists per unit of the other.

Positive Emotions

Emotional states or feelings that are desirable and perceived as beneficial, such as happiness, joy, or love.

Joy

A feeling of great pleasure and happiness.

Affection

A feeling of fondness or liking.