1. How did Karen benefit from her parents' advice and her own financial planning?

2. What decisions does Karen need to make regarding her future?

3. How could various personal and economic factors influence Karen's financial planning?

4. What would be the value of Karen's $15,000 in three years if it earned an annual interest rate of 7 percent?

5. Conduct a Web search to obtain information that Karen may find useful. Recommend a Web site that they might consult when making financial planning decisions.

Read the case scenario: "Karen's Financial Plan"