What concepts must the professional financial planner, Financial Management

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What concepts must the professional financial planner

1. What concepts must the professional financial planner balance in order to create a successful financial plan?

2. Through what activities is the personal financial planner expected to guide the client?

3. Suppose you want to be a millionaire when you retire on your 60^th birthday. What equal annual amount would you need to deposit today (on your 25^th birthday) and every year thereafter to be a millionaire when you retire on your 60^th birthday? Assume your investments can earn 5% compounded annually.

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