1Financial Portfolio Part 2College of Humanities and Social Sciences, Grand Canyon UniversityFin-210: Personal Finance 2Financial Portfolio Part 2I have three S.M.A.R.T. goals that I want to accomplish within the next month, to years. My short-term goal is to pay off my $451 credit card by the end of 2025, and I plan on doing this by paying $60 a month. My intermediate goal is to make payments to pay off my student loans in the next five years. Finally, my long term goal is to save $300,000 for my daughters collegefund by saving $4,000 a year with a 20% interest rate for the next 15 years. I use the time value of money (TVM) equation to see how my daughter's college fund could grow. The formula I used was A=P(1+r/n)(nt) which was 300,000=$5000(1+0.2/15)(20*15)=300,000. With this in mind, I can reach my goal in 15 years if I do not touch her college fund. The length of time affects the
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