The Most Important Rule for Establishing a Savings Plan Is

question 45

Multiple Choice

The most important rule for establishing a savings plan is to

• A) set realistic goals.
• B) take advantage of compounding.
• C) pay yourself first.
• D) keep it simple.
• E) try some gimmicks.

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Definitions:

Frequency-Dependent Selection

An evolutionary process by which the fitness of a phenotype or allele depends on its frequency relative to other phenotypes or alleles in a given population.

Phenotype

The set of observable characteristics or traits of an organism that results from the interaction of its genotype with the environment.

Common Phenotype

The set of observable characteristics or traits shared by individuals within the same population.

Neutral Variation

Variation that does not appear to confer any selective advantage or disadvantage to the organism.