Principles of financial management
What are two principles of financial management that you will likely use in your future career? How will you use them, and why are they important? Explain your answer.
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Gary Whitmore is a high school sophomore. He currently has $7,500 in a money market account paying 5.65 percent annually. He plans to use this and his savings over the next four years to buy a car at the end of his sophomore year in college.
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