Economics Homework Help

University of Phoenix Proficiency Diagnostic Personal Finance Discussion

 

In this discussion, you will have an opportunity to make connections between your prior knowledge and the new content you are learning this week. Use your results from this week’s Build Your Proficiency Diagnostic to provide context for your prior knowledge and consider the new content about personal financial goals, factors that affect our financial decisions, and the economic forces that can impact them as you respond to the following discussion prompt.

In a minimum of 175 words respond to question 1 and at least two additional questions from this list:

  1. Choose two of the study objectives from Chapters 1 and 2 with your lowest scores on the Build Your Proficiency diagnostic. How might this concept be important to your personal finances? Why would you want to know more about this?2 studies you can speak about is developing a system for finacial record keeping,and preparing a personal balance sheet,and explain how compound interest benefit investors.

2)Use this Compound Interest Calculator from Bankrate to gain a broader perspective on your goals in 10, 20, and 30 years. What does the calculator show you about the time value of money and compound https://www.bankrate.com/calculators/savings/compo…