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FP 100T Enthusiastic Study / snaptutorial.com

<br>FP 100T Week 1 WileyPLUS Weekly Exam<br>In this graded assignment, you are assessed on the content covered in this weeksu2019 readings, activities, and assignments. To help you prepare, it is recommended that you first complete this weeku2019s Learning Path and Self-Test Learning Activities prior to completing this exam.<br> <br>Complete the Week 1 Exam covering this weeku2019s assigned readings:<br> <br>u201cCh. 1: The Financial Planning Processu201d<br>u201cCh. 2: Financial Planning Tools: Personal Financial Statements and the Time Value of Money<br>

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FP 100T Enthusiastic Study / snaptutorial.com

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  1. FP 100T Week 1 WileyPLUS Weekly Exam For more classes visit www.snaptutorial.com FP 100T Week 1 WileyPLUS Weekly Exam In this graded assignment, you are assessed on the content covered in this weeks’ readings, activities, and assignments. To help you prepare, it is recommended that you first complete this week’s Learning Path and Self-Test Learning Activities prior to completing this exam. Complete the Week 1 Exam covering this week’s assigned readings: “Ch. 1: The Financial Planning Process” “Ch. 2: Financial Planning Tools: Personal Financial Statements and the Time Value of Money” Note: Work submitted in WileyPLUS does not count toward attendance. Be sure to post at least two times each week in the online classroom to avoid being auto-dropped from the course. Question 1 Your answer is correct.

  2. Which of the following in NOT one of the recommended SMART guidelines for personal financial goals? Specific Realistic Attainable Manageable Attainable Manageable

  3. Question 2 Your answer is correct. Which of the following describes a financial advisor who is paid based on a percentage of products sold or purchased by clients? Fee-based Commission-only Fee plus commission Fee-only

  4. Question 3 Your answer is correct. A comprehensive financial plan includes three steps: establishing a firm foundation, securing basic needs, and building and protecting wealth. setting long-term goals. monitoring progress. setting short-term goals.

  5. Question 4 Your answer is correct. Which of the following would NOT be a major factor when choosing a personal financial planner? education affiliation reputation certification

  6. lower ******************************************* FP 100T Week 1-5 All Wileyplus Exams For more classes visit www.snaptutorial.com FP 100T Week 1 WileyPLUS Weekly Exam FP 100T Week 2 WileyPLUS Weekly Exam FP 100T Week 3 WileyPLUS Weekly Exam FP 100T Week 4 WileyPLUS Weekly Exam FP 100T Week 5 WileyPLUS Weekly Exam *******************************************

  7. FP 100T Week 2 WileyPLUS Weekly Exam For more classes visit www.snaptutorial.com Your answer is correct. The steps in the budgeting process are forecasting cash flows, __________, monitoring, and reevaluating over time. implementing adjusting negotiating selecting Question 9 Which of the following pays interest that is exempt from state and local taxation? certificate of deposit NOW account

  8. series EE bond inflation. Question 10 Your answer is correct. Compared with time deposits, demand deposits place a greater limit on the number of checks you can write each month. require you to leave the funds on deposit for a longer period of time. allow you to withdraw money at any time. pay higher rates of interest. Question 11 Your answer is correct. A savings account that pays a stated rate of interest if you agree to leave Question 23 Your answer is correct. Your average tax rate will always be _______ your marginal rate. more than the difference between your taxable income and

  9. less than or equal to the same as Question 24 Your answer is correct. Which of the following must be included in total income on federal income tax returns? insurance claim payments tips and bonuses worker’s compensation benefits child support received Question 25 Your answer is incorrect. The dollar amount per qualifying household member that is subtracted from adjusted gross income is known as a reduction. a tax credit. a deduction. an exemption.

  10. ******************************************* FP 100T Week 3 WileyPLUS Weekly Exam For more classes visit www.snaptutorial.com FP 100T Week 3 WileyPLUS Weekly Exam In this graded assignment, you are assessed on the content covered in this weeks’ readings, activities, and assignments. To help you prepare, it is recommended that you first complete this week’s Learning Path and Self-Test Learning Activities prior to completing this exam. Complete the Week 3 WileyPLUS Weekly Exam covering this week’s assigned readings: “Chapter 5: Managing Credit: Credit Cards and Consumer Loans” “Chapter 6: Making Automobile and Housing Decisions” Note: Question 24 If all else is equal, which of the following is LEAST likely to increase the price of the house you can afford to buy?

  11. increasing mortgage rates longer mortgage term improvement in your credit rating increase in your gross monthly salary ________________________________________ Question 25 Your answer is correct.

  12. Closing costs on the purchase of a house reduce the amount of cash available for the down payment. increase the amount of cash available for the down payment. increase the mortgage insurance premium. are paid by the lender. ******************************************* FP 100T Week 4 WileyPLUS Weekly Exam For more classes visit

  13. www.snaptutorial.com FP 100T Week 4 WileyPLUS Weekly Exam In this graded assignment, you are assessed on the content covered in this week’s readings, activities, and assignments. To help you prepare, it is recommended that you first complete this week’s Learning Path and Self-Test Learning Activities prior to completing this exam. Complete the Week 4 Exam covering this week’s assigned readings: “Chapter 10: Saving for Distant Goals: Retirement and Education Funding” “Chapter 11: The Fundamentals of Investing” Note: Work submitted in WileyPLUS does not count toward attendance. Be sure to post at least two times each week in the online classroom to avoid being auto-dropped from the course. Question 1 Which of the following is NOT an income-driven repayment plan for federal student loans? Income-based repayment

  14. Pay as you Earn plan Hire a full-service broker to make your investment decisions. Keep accurate records. Understand and take advantage of tax rules. ******************************************* FP 100T Week 5 WileyPLUS Weekly Exam For more classes visit www.snaptutorial.com FP 100T Week 5 WileyPLUS Weekly Exam

  15. In this graded assignment you are assessed on the content covered in this weeks’ readings, activities, and assignments. To help you prepare, it is recommended that you first complete this week’s Learning Path and Self- 0.5 percent 5 percent 50 percent *******************************************

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