Answer:
a Long-term goals are reached over an extended period of time, so your current income does not affect
them.
Step-by-step explanation:
Financial planning refers to long term goals that are planned and reached over an extended period of time to keep one solvent in cases of emergency without having a direct effect on current income.
Solvency simply means having more assets than liabilities to be able to stay afloat of one's debts.
Y=(11/8)x+6
subtract the 8y to the right then add the 48 to the left then divide by 8
F(x)=20000(1-0.15)^x
f(x) = 20,000(0.85)^x.....answer a
