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In: Finance

Allison made a lengthy list of goals and quickly realized she is not currently in a...

  1. Allison made a lengthy list of goals and quickly realized she is not currently in a position to attain all of them. What should she do next?
    1.      Eliminate the most costly goals.
    2.     Eliminate the goals that are the farthest away in the future.
    3.      Rank her goals dividing them into short and long-term goals.
    4.     Rank her goals according to the annual savings she would have to make in order to reach the goal.

Solutions

Expert Solution

Option d is correct

Allison has to Rank her goals according to the annual savings she would have to make in order to reach the goal. She should Rank the goals based on her annual savings and needs to save fixed amount to accumualte funds to make the goals achievable.

jeff jeffy answered 2 years ago
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