QUESTION IMAGE
Question
which of the following would not be listed under cash outflows in a financial plan?
a. car payments
b. insurance premiums
c. interest earned
d. mortgage payment
please select the best answer from the choices provided
a
b
c
d
Brief Explanations
Cash outflows are money going out. Car payments (a), insurance premiums (b), and mortgage payments (d) are outflows (expenses). Interest earned (c) is money coming in (inflow), so it's not an outflow.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
c. interest earned