FHCE 3200 Module 2 Exam 2025 Questions and Answers

FHCE 3200 Module 2 Exam 2025 Questions and Answers

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FHCE 3200

Institution:
FHCE 3200

FHCE 3200 Module 2 Exam 2025 Questions and Answers

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FHCE 3200 Module 2 Exam 2025 Questions and Answers FHCE 3200 Module 2 Exam 2025 Questions and Answers

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Uploaded on: September 14, 2025
Last updated: September 14, 2025
Number of pages:8
Written in:2025/2026
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Contains:Questions & Answers
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FHCE 3200 Module 2 Exam 2025 Questions and Answers To accumulate wealth we need to: - --Answer In order to invest, we need to: - --Answer --invest our savings --save money first In order to save, our income needs to: - --Answer --be greater than our expenses income - expenses = - --Answer savings rate = - --Answer Good debt: - --Answer --surplus (deficit) --savings / income ---mortgages, and the modest amounts of student loans -does not negatively impact our credit score -builds human capital -increases the potential for greater income/wealth in the future Bad debt: - --Answer --revolving credit related debt ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1