FP 100 Entire Course

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 FP/100

EVERYDAY ECONOMICS AND FINANCES

 

The Latest Version A+ Study Guide

 

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FP 100 Entire Course Link

https://uopcourses.com/category/fp-100/

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FP 100 Week 1 Economic Concepts Worksheet
 

In this assignment, you explain key economic concepts, both foundational and behavioral, and describe how those concepts influence financial decisions.

Review your Week 1 Learning Activities, especially Ch. 1 of Focus on Personal Finance, your Khan Academy, and Investopedia (located in Additional Reading and Video Resources) resources to assist you in completing this assignment.

Complete the Economic Concepts worksheet.

Submit your assignment to the Assignment Files tab.

Economic Concepts Worksheet

 

Economics Concepts
 

 

Review your Week 1 Learning Activities, especially Ch. 1 of Focus on Personal Finance, Khan Academy Resources and Video Reflection, and Investopedia Resources located in the “Additional Reading and Video Resources” link on your course page.

 

Respond to each of the following questions in your own words. Each response should be at least 50 words.

 

 

 

 

A nominal interest rate is defined as “the opportunity cost of holding or using money.” Explain what you understand this definition to mean.
 

 

 

 

 

 

 

When the economy is in a recession, the Federal Reserve usually cuts interest rates. Why would the federal government do this?
 

 

 

 

 

 

 

How does your saving and spending profile change depending on the state of the economy, i.e., whether the economy is in a recession versus expansion? Do interest rates play a role in your decisions? Why or why not?
 

 

 

 

 

 

 

If interest rates are at a level of 1% and expected inflation is 2%, would you prefer saving or spending your money? Justify your answer.
 

 

 

Behavioral Economics Concepts
 

Review your Week 1 Learning Activities, especially the Investopedia Resources on Behavioral Finance: Anchoring, Mental Accounting, Herd Behavior, and Prospect Theory located in the “Additional Reading and Video Resources” link on your course page.

Choose two of the following concepts discussed in this week’s materials.

 

 

 

Anchoring
 

 

Mental accounting
 

 

Herd behavior
 

 

Prospect theory
 

 

Define each in your own words and explain how each could apply to your personal financial and credit decisions. Your entire response should be at least 100 words.

 

 

 

FP 100 Week 1 Personal Monthly Budget
 

Math is part of our everyday lives as we decide what we can and cannot spend. There is a certain amount of money coming in, an amount that has to go out toward necessities, and an amount that goes out to other spending. In this assignment, you will be creating a personal budget by entering your numbers into an Excel® spreadsheet.

Note: The spreadsheet has already been created and the calculations will be done for you. However, you will need to understand what the numbers represent.

Review your Week 1 Learning Activities, especially Ch. 2 of Focus on Personal Finance and your iGrad Resources on Budgeting and Financial Planning located in the “Additional Reading and Video Resources” link.

Reflect on the money you have spent over the past month, and look back at less frequent expenses by considering what you have spent over the past year.

Watch the Personal Monthly Budget Overview to understand how to use the Excel® spreadsheet in this assignment.

Complete your budget by entering your numbers into the spreadsheet found in the “Week 1-Personal Monthly Budget” tab of the Personal Financial workbook. You will notice 3 tabs located at the bottom of this workbook. Each tab represents an assignment. You will use the “Week 1-Personal Monthly Budget” tab for this assignment.

Enter the amount you pay and how frequently you pay it (select frequency from the drop-down).

 

 

 

If you do not have any expenses for this category, enter a zero (0).
 

 

If you have an expense but do not see a line for it, enter it in one of the rows labeled Additional Items.
 

 

The Monthly Payment is the result of a calculation. If it seems incorrect, edit the $ Amount or Frequency.
 

 

Your final step will be to answer the three questions located at the end of the budget in the spreadsheet.

Save all the data you entered into the budget along with your responses.

Submit your completed budget in the workbook to the Assignment Files tab.

Note: This Excel® workbook will be used again for the Week 3 Education Funding and Job Expenses assignment. The monthly income and expenses you enter will carry over to the “Week 3-Education Funding” tab and “Week 3-Job Expenses” tab in the workbook. You will resubmit this same workbook after completing the Week 3 assignment.

 

 
 

 

 
 

 

FP 100 Week 2 Time Value of Money, Opportunity Cost, and Income Taxes Worksheet
 

Everyday we choose one financial decision over another. Should we buy a cup of coffee or should we save that money? What is the personal and financial cost to us? In this assignment you determine the time value of money and examine opportunity cost, among other fundamentals of economics and finance.

Review your Week 2 Learning Activities.

Complete the Time Value of Money, Opportunity Cost, and Income Taxes Worksheet.

Submit your assignment to the Assignment Files tab.

 

 
 

 

FP 100 Week 3 The Cost of Credit Card Usage Worksheet
 

How much interest are you paying on your credit cards? How much are you actually paying when you charge something to a credit card? You are not using your own financial information in this assignment, but it is designed to demonstrate your understanding of the cost of credit.

Review your Week 3 Learning Activities, especially Focus on Personal Finance, Ch. 5, the Khan Academy Video Reflection, and your iGrad Credit Card Module.

Complete The Cost of Credit Card Usage worksheet.

Submit your assignment to the Assignment Files tab.

 

 
 

 

 
 

 

FP 100 Week 3 Education Funding and Job Expenses
 

For this assignment, you will use the Personal Financial Workbook from Week 1. In Week 1, you used the “Week 1-Personal Monthly Budget” tab. For this week, you will use the “Week 3-Education Funding” tab and “Week 3-Job Expenses” tab. If you made any adjustments to your Week 1 budget after receiving feedback and grades, please use that version of the workbook. This is important because some calculations you do this week will be based on the totals from your Personal Monthly Budget.

Review your Week 3 Learning Activities, especially Appendix A of Focus on Personal Finance and your iGrad Resources and Investopedia Resources located in the “Additional Reading and Video Resources” link.

Read the Education Funding and Job Expenses Instructions.

Watch the Education Funding Tutorial and the Job Expenses Tutorial videos for assistance with this assignment.

Complete the “Week 3-Education Funding” tab and “Week 3-Job Expenses” tab in the Personal Financial Workbook for this assignment.

Submit your completed assignments in the workbook to the Assignment Files tab.

 

 
 

 

 
 

 

FP 100 Week 4 Credit History Worksheet
 

What are the factors affecting credit history and credit scores? How can awareness of these factors assist you in financial planning? This week’s Credit History Worksheet Assignment supports your understanding of these critical factors in financial planning.

Review your Week 4 Learning Activities, especially Focus on Personal Finance, Ch. 5, and the iGrad resources.

Complete the Credit History worksheet.

Submit your assignment to the Assignment Files tab.

 

 
 

 

FP 100 Week 4 Homes: Renting and Buying Worksheet
 

Home ownership–is it still a part of your American dream? Are you a home owner or do you plan on being one? What are the pros and cons of renting versus buying? This assignment gives you a better idea of what to expect in each case.

Review your Week 4 Learning Activities, especially Focus on Personal Finance, Ch. 7.

Complete the Homes: Renting and Buying worksheet.

Submit your assignment to the Assignment Files tab.

 

 
 

 

FP 100 Week 5 Retirement Planning Worksheet
 

Thinking about retiring? How will you manage it? Use this opportunity to plan ahead and complete the Retirement Planning Worksheet with an eye towards your future.

Review your Week 5 Learning Activities.

Complete the Retirement Planning worksheet.

Submit your assignment to the Assignment Files tab.

 

 
 

 

 
 

 

FP 100 Week 5 Investment Planning Proposal
 

Financial advice: we can all use at least some, right? In this assignment you give that advice in a scenario we have drafted. Based on what you have learned in this course, what is the financial planning advice you would give? Answer this by completing the assignment.

Review your Week 5 Learning Activities.

Complete the Investment Planning Proposal.

 

 

 

Review the Instructions for the Investment Planning Proposal.
 

 

Use the APA Sample Template to write and submit your proposal.
 

 

Format your assignment according to appropriate course-level APA guidelines.
 

 

Your proposal includes two to three APA-formatted references. See the Citation Generator for assistance, if needed.
 

 

Submit your completed proposal to the Assignment Files tab.