Copyright © 2007 by The McGraw-Hill Companies. All rights reserved. Except as permitted under the United States Copyright Act,
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ISBN-13: 978-0-07-868712-9 (Student Text)
ISBN-10: 0-07-868712-8 (Student Text)
Contents iii
Welcome to Business and Personal Finance
Each day you are surrounded by new choices for shopping, watching television, and other
activities. You also have many choices about how to spend your money. Business and Personal
Finance can help you make the right decisions. You will develop financial literacy through inte-
grated academics, real-world examples, and practical advice. By learning how to make informed
decisions related to spending, saving, borrowing, and investing, you can build a solid foundation
for your financial security now and in the future.
iv Contents
Table of Contents
To the Student xvi
Contents v
Chapter 3 Money Management Strategy 58
vi Contents
UNIT 2 Banking and Credit 118
viii Contents
Academic Connection Language Arts 246
Careers in Finance Investment Analyst 252
Document Detective Savings Goals Worksheet 253
Chapter 8 Review and Activities 266
What’s Your Financial ID? Are You a Risk Taker? 268
Your Financial Portfolio Avoiding Future Shock 269
x Contents
Academic Connection Math 385
Careers in Finance Tax Preparer 390
Document Detective Form W-2 404
Chapter 12 Review and Activities 406
What’s Your Financial ID? Test Your Tax Facts 408
Your Financial Portfolio Take It EZ 409
Contents xi
Chapter 15 Retirement and Estate Planning 476
xii Contents
Chapter 17 Developing a Business Plan 548
Contents xiii
Ask Standard & Poor’s 609
Global Financial Landscape Estonia 619
Academic Connection Language Arts 622
Careers in Finance Commercial Loan Officer 613
Document Detective Application for Business Loan 615
Chapter 19 Review and Activities 630
What’s Your Financial ID? Are You a Go-Getter? 632
Your Financial Portfolio Tanya’s Toys 633
xiv Contents
Document Detective Paycheck Stub 685
Chapter 21 Review and Activities 692
What’s Your Financial ID? Stocking Up on Knowledge 694
Your Financial Portfolio Keeping Track of Inventory 695
Glossary 746
Index 758
Contents xv
To the Student
0LANNING
CLAIM TO BE A
!LMOST ANYONE CAN
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FINANCIAL PLANNER OR IN
ADVISER FOR THE FIRST
)F YOURE LOOKING FOR AN
RE OUT HOW MUCH
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CE YOU NEED )F ALL
0ERSONAL
AND WHAT KIND OF ADVI
GGESTIONS FOR YOUR
YOU WANT ARE SOME SU
ENT PORTFOLIO YOU
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WELL
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EMENT PROBLEM
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Unit-Opener Photo RECOGNIZED DESIGNATION
PREHENSIVE EDUCATION
#&0S HAVE COM
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WebQuest This unit activity is continued in BusinessWeek Finance File Each unit opens with an
each chapter in the unit as it introduces you excerpt from a real BusinessWeek article about an aspect
to a unit topic and directs you to the Online of the unit material. The feature directs you to the
Learning Center to research and complete this Online Learning Center to read the complete article and
Web-based project. do an application activity.
Closing
the Unit ,!"