[Solved] Chapter 4 Discussion/Participation

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Executive Solution Overview

**Directions**: Choose **one option** and post your reply. Use at least 3 complete sentences and be sure to answer each part of the prompt completely. Use your class notes as well as the posted PowerPoints for reference. Option 1 Why is it so important to understand your personal finances? What type…

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Assignment Prompt & Instructions

**Directions**: Choose **one option** and post your reply. Use at least 3 complete sentences and be sure to answer each part of the prompt completely. Use your class notes as well as the posted PowerPoints for reference.

Option 1

Why is it so important to understand your personal finances?  What types of problems are more common to people who do not have their finances under control?

Option 2

Briefly describe the three basic types of investments: stocks, bonds, and cash.  How can you invest in these types directly?  How can you invest in them indirectly through a mutual fund?

Option 3

Visit a website that offers online home financing.  State the website, describe the options offered, and discuss the advantages and disadvantages of each option.

#### **Textbook: My Lab Math with Pearson e-text**

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