ASSIGNMENT 08
C07J Personal Finance
Directions: Be
sure to save an electronic copy of your answer before submitting it to Ashworth
College for grading. Unless otherwise stated, answer in complete sentences, and
be sure to use correct English, spelling and grammar. Sources must be cited in
APA format. Your response should be four (4) double-spaced pages; refer to the
“Assignment Format” page located on the Course Home page for specific
format requirements.
Part
A: 1. Describe two (2) steps you should take to evaluate and choose
health care insurance options.
2. Describe one (1) consideration you should take into account when
looking into the option of private health care insurance.
Part
B: Describe one (1) way that the
decision to invest in stocks affects financial planning, liquidity management,
financing, and protecting your wealth.
Part
C: Before investing in mutual funds,
describe two (2) other issues that you would want to address in your overall
financial plan.
Grading
Rubric
Please
refer to the rubric on the following page for the grading criteria for this
assignment.
CATEGORY
Exemplary
Satisfactory
Unsatisfactory
Unacceptable
Part A:
Health care insurance – steps (20 points)
20 points
15 points
10 points
5 points
Student
provides a clear, logical description of at least 2 steps you should take to
evaluate and choose health care insurance options.
Student
provides a mostly clear, logical description of 1-2 steps you should take to
evaluate and choose health care insurance options.
Student
provides a weak or unclear description of 1-2 steps you should take to
evaluate and choose health care insurance options.
Student
provides a poor description of 1 step you should take to evaluate and choose
health care insurance options.
Part A:
Health care insurance – considerations (15 points)
15 points
12 points
8 points
5 points
Student
provides at least 1 clear, logical consideration you should take into account
when looking into the option of private health care insurance.
Student
provides at least 1 mostly clear, logical consideration you should take into
account when looking into the option of private health care insurance.
Student
provides at least 1 weak or unclear consideration you should take into
account when looking into the option of private health care insurance.
Student
provides 1 poor consideration you should take into account when looking into
the option of private health care insurance.
Part B:
Investing in stocks (20 points)
20 points
15 points
10 points
5 points
Student
provides a clear, logical description of at least 1 way that the decision to
invest in stocks affects financial planning, liquidity management, financing,
and protecting your wealth.
Student
provides a mostly clear, logical description of at least 1 way that the
decision to invest in stocks affects financial planning, liquidity
management, financing, and protecting your wealth.
Student
provides a weak or unclear description of at least 1 way that the decision to
invest in stocks affects financial planning, liquidity management, financing,
and protecting your wealth.
Student
provides a poor description of 1 way that the decision to invest in stocks
affects financial planning, liquidity management, financing, and protecting
your wealth.
Part C:
Mutual funds (20 points)
20 points
15 points
10 points
5 points
Student
provides a clear, logical description of at least 2 other issues that you
would want to address in your overall financial plan before investing in
mutual funds.
Student
provides a mostly clear, logical description of 1-2 other issues that you
would want to address in your overall financial plan before investing in
mutual funds.
Student
provides a weak or unclear description of 1-2 other issues that you would
want to address in your overall financial plan before investing in mutual
funds.
Student
provides a poor description of 1 other issue that you would want to address
in your overall financial plan before investing in mutual funds.
Mechanics
(15 Points)
15 points
12 points
8 points
5 points
Student makes
no errors in grammar or spelling that distract the reader from the content.
Student makes
1-2 errors in grammar or spelling that distract the reader from the content.
Student makes
3-4 errors in grammar or spelling that distract the reader from the content.
Student makes
more than 4 errors in grammar or spelling that distract the reader from the
content.
Format (10 Points)
10 points
8 points
5 points
2 points
The paper is
written in proper format. All sources used for quotes and facts are credible
and cited correctly.
The paper is
written in proper format with only 1-2 errors. All sources used for quotes
and facts are credible and most are cited correctly.
The paper is
written in proper format with only 3-5 errors. Most sources used for quotes
and facts are credible and cited correctly.
The paper is
not written in proper format. Many sources used for quotes and facts are less
than credible (suspect) and/or are not cited correctly.
