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AB104 Personal Financial Management

Question Description


Initial post should be a minimum of 150 words for each topic below



There are at least three major areas that affect financial decisions. These are:

  • Life situations such as income, age, household size, and health
  • Personal values
  • Economic factors such as prices, interest rates, and employment opportunities

The major elements of financial planning are obtaining resources, planning, saving, borrowing, spending, managing risk, investing, and retirement and estate planning.

  • What are some of the social and economic factors that have increased the importance of personal financial planning today? Give an example.



How the body processes medication and the drugs’ effect on the body are two basic categories of pharmacology. Altering these processes can have an effect on how well a medication performs its therapeutic job.

For this discussion board: compare the different processes of pharmacokinetics and the factors that influence each one. Briefly explain pharmacodynamics and provide an example.

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