Reference no: EM131382826
Assignment: LASA: Finding Your Best Bank
For this assignment, you will take on the role of a personal financial advisor and create a personal financial portfolio.
Step 1: Using the large National Bank, the Regional/Local Bank, and the Credit Union you identified in the Module 1 Assignment 2, compare and contrast each institution by completing the Module 3 Assignment 2 template.
Step 2: Once you have completed the Module 3 Assignment 2 template, create a financial portfolio. This financial portfolio is a professional one. Please follow the following instructions when preparing it:
• Identify, describe, and explain the financial institution that would be the best fit for you. Be sure to justify your selection by referencing the information collected in your completed template.
• Identify, describe, and explain which type of saving account would best fit your current financial position. Be sure to justify your selection by referencing the information collected in your completed template.
• Analyze the following situation and answer the questions below:
After choosing a savings account with a 3% interest rate, you decide to invest $5,000 into the savings account.
• Using the future value calculation, determine at an interest rate of 3%, what would be your total balance available at the end of five years if you leave the $5,000 untouched. Show your calculations, as well as, your answer in your portfolio.
• How will this interest earned be reported on your federal income tax returns?
• Be sure to include the following in your financial portfolio:
• Contact information for the financial institutions
• Show all steps of your future value calculations in Excel or Word format.
• Support your statements with examples and at least three scholarly references.
Your financial portfolio should be presented as a 3-4-page paper in Word format. Be sure to also include the template you completed for step 1 of the assignment. Apply APA standards to citation of sources.
Attachment:- Template.rar
|
Explain other variable that influence ones insurance premium
: Describe the requirements specific to your state and whether insurance requirements differ on a financed purchase over a lease. Identify other variables that influence one's insurance premium.
|
|
Show that the plane containing the three particles
: Three particles are projected simultaneously in a completely general manner. Show that the plane containing the three particles remains parallel to some fixed plane.
|
|
Summarize how industrialization affected the life of average
: HIS 105:After the Civil War, the United States became a much more industrialized society. Between 1865 and 1920, industrialization improved American life in many ways. However, industrialization also created problems for American society. Consider..
|
|
Python program for an online coffee order
: Write a Python program for an online coffee order. Coffee is sold by the pound, and the price per pound depends upon the quantity ordered according to the table shown below.
|
|
Explain financial institution that would be best fit for you
: Identify, describe, and explain the financial institution that would be the best fit for you. Be sure to justify your selection by referencing the information collected in your completed template.
|
|
Real-world example of a proactive technology
: Security technologies can be grouped into two categories: proactive and reactive. Identify a real-world example of a proactive technology and an example of a reactive technology. Discuss how they support an organization's security posture.
|
|
Company upgrading from microsoft server
: For a company upgrading from Microsoft Server 2008 to Microsoft Server 2012 Is it possible that the new Hyperviser in Server 2012 will help the company recoup some of it's cost in more efficient use of it's hardware resources and energy costs with..
|
|
Video of the arrays module
: Write a program (ArrayDemo.java) that prompts the user to enter 5 integer numbers. Once the user enters the 5 numbers, the program must determine and output the average, the largest, and smallest of 5 numbers. Use the Scanner class as shown in th..
|
|
What is the shape of the path in given case
: Show that the influence of the wind is the same as if the magnitude and direction of gravity were altered. Deduce that it is possible for the body to return to its starting point. What is the shape of the path in this case?
|