Question

through the successful study of personal finance, an individual will be
better prepared to calculate financial risks
able to spend available assets.
faced with long - term challenges.
more likely to avoid high opportunity costs.

Explanation:

To solve this, we analyze each option:

• Option 1: Personal finance study helps in understanding and calculating financial risks, which is a key outcome.
• Option 2: Spending assets is not the primary goal of personal finance study (it's about managing, not just spending).
• Option 3: Personal finance study aims to mitigate challenges, not be faced with them.
• Option 4: Avoiding high opportunity costs is more about decision - making in finance, but the core of personal finance study for individuals is risk calculation and management. So the best answer is the first option.

Answer:

A. better prepared to calculate financial risks