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What Is the Importance of Understanding the Financial Life Cycle

Question 83

Multiple Choice

What is the importance of understanding the financial life cycle?


A) It allows you to be proactive in financial planning to prepare for your changing needs.
B) It allows you to take advantage of the time-value-of-money.
C) It helps you in achieving your long-term financial goals.
D) All of the above are correct.
E) Only A and C are correct.

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