Course Content-OwC,4182 ??-Take Test Final txam-Owc Secure https/elearning pslas

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Course Content-OwC,4182 ??-Take Test Final txam-Owc Secure https/elearning pslassessment/takeflaunch jspcourse assessment.id-1970713 1&ourse.id-; 493481740 1&content; Question Completion Status QUESTION 54 To understand the value of saving money, the most important thing to learn is the power of compound interest the money market QUESTION 55 The financial plianning life cycle divides an individual's life into three stages in stage 2. the focus of individual fInandial planning turns to the process of lving on one's saved wealth Opreserving and increasing wealth O starting to save for the future startinga career QUESTION 56 Which type of student loan accrues (builds up) inberest while the student is enrolled in college at least part-time? Subsidized Federal Stafford Loan Unsubsidized Federal Stafford Loan OFederal Perkins Loan Federal Stafford jumbo Loan Chick Save and Submit to sause and submit. Chick Save AL Ansuvers to save all ansuers 3 4 5 6

Explanation / Answer

Ans54) the correct option is compund interest.

Ans55) the correct option is preserving and increasing wealth. The first step focuses on building wealth, second step is preserving and increasing wealth and the third step is to turn the process of living on one's saved wealth.

Ans56) the correct option is unsubsidized federal Stafford loan.

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