Please answer the questions in 2-3 short paragraphs

Life Situation	Financial Data
Single Age 22 Starting a career No dependents	Monthly income	$2,600
	Living expenses	$2,180
	Assets	$8,200
	Liabilities	$3,470
	Emergency fund	$530

While in college, Pam Jenkins worked part-time and was never concerned about long-term financial planning. Rather than creating a budget, she used her checkbook and savings account (which usually had a very low balance) to handle her financial needs.

After completing college, Pam began her career as a sales representative for a clothing manufacturer located in California.

After one year, her assets consist of a 2002 automobile, a television set, some electronic entertainment equipment, and clothing and other personal belongs, with a total value of about $8,200.

Question:

Please answer the question in 2-3 short paragraph

Q1.

List at least three financial situations and the time value of money calculations that would be helpful to Pam in planning or making decisions?