Question

pregunta 14 (5 puntos)
why was the use of credit uncommon prior to 1917?
a borrowing money was not generally accepted by society
b laws prevented lenders from charging high interest rates
c lending money to others was not profitable
d each of these are reasons

pregunta 15 (5 puntos)
key components of a successful financial plan include all of the following except
a replace money myths with money truths
b write out a detailed plan for accomplishing your goals
c regularly monitor and reassess your financial plan
d allow your financial planner to make all of your major money decisions

Explanation:

17.

Pregunta 15:
A successful financial plan requires the individual to retain control over major money decisions. Replacing myths, creating a detailed plan, and regular monitoring are all core components of effective financial planning, while ceding full control to a planner is not.

Answer:

17.

Pregunta 15:
A successful financial plan requires the individual to retain control over major money decisions. Replacing myths, creating a detailed plan, and regular monitoring are all core components of effective financial planning, while ceding full control to a planner is not.