Chapter 1 discusses 10 principles that form the foundation of personal finance. The principle that considers the value of compound interest is the ________ principle
A) all risk is not equal
B) pay yourself first
C) competitive inflation adjustment
D) time value of money
E) none of the above
Answer: D
Business
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An accident and health insurance policy that provides for monthly payments has a grace period of:
A) 10 days B) 31 days C) 14 days D) 7 days
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Which of the new four Ps encompasses the old four Ps as well as a range of other marketing activities that might not fit well into the old view of marketing?
A) programs B) processes C) promotion D) people E) performance
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