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2.What type of information do truth in lending laws typically require lenders to provide to loan applicants?3.If your employer deducts the cost of health insurance premiums from your paycheck, it is typicallydeducted from4.Why should consumers avoid paying off credit card debt with a home equity line of credit linked to theirmortgage?5.Regulatory agencies in the security and investment industry aim to keep markets fair by6.Olive recently met a stockbroker who offered to help her invest in a promising new energy company.What is the best way for Olive to verify that the stockbroker is legitimate and that the energy company isa sound investment?7.How can you determine if a financial adviser is going to be able to recommend an appropriate,personalized financial plan for you?A.Look for evidence that s/he is independently wealthy.B.Ask to see his/her professional credentials.
Evaluate how carefully s/he listens to your personal goals.
Ask him/her questions to evaluate his/her experience.
2018 HS ICDC PERSONAL FINANCIAL LITERACY2 8. Erin plans to use the income she earns from her part-time job to attend college part-time. So far, Erin has saved $2,000 to use for a tuition bill of $1,900 in a few weeks. Unfortunately, her car needs repairs costing $1,000. Without a car, Erin won't be able to travel to work, causing her to lose $500 in wages each week. Which of the following solutions would help Erin make the best use of her resources: