THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 183

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The probability that interest rates on housing loans will go up in the next 6 months is estimated to be 0.20.The probability that house sales will decrease is estimated to be 0.6.The probability that interest rates will go up and house sales will decrease is estimated to be 0.15.
-The probability of a decrease in house sales and not an increase in interest rates is:

• A)0.45
• B)0.25
• C)0.20
• D)0.05

Apply the concept of time value of money to retirement saving and investment strategies.

Evaluate investment choices based on their potential tax benefits or liabilities.

Learn the importance of annual contributions and their effects on the future value of retirement savings.

Understand regulatory caps and limits on contributions to retirement accounts and their tax implications.