User Account

All Pages

What advice would you give to Harvey

Assignment Help Accounting Basics
Reference no: EM132695921

Problem - Deciding if additional life insurance is needed and, if so, appropriate type. Harvey Cook, 45, is a recently divorced father of two children, ages 10 and 7. He currently earns $95,000 a year as an operations manager for a utility company. The divorce settlement requires him to pay $1,500 a month in child support and $400 a month in alimony to his ex-wife. Harvey is now renting an apartment, and the divorce settlement left him with about $100,000 in savings and retirement benefits. His employer provides a $75,000 life insurance policy. Harvey's ex-wife is currently the beneficiary listed on the policy. What advice would you give to Harvey? What factors should he consider in deciding whether to buy additional life insurance at this point in his life? If he does need additional life insurance, what type of policy or policies should he buy?

Reference no: EM132695921

Questions Cloud

Describe the scientific consensus that recommended vaccines : Vaccine controversies have occurred since almost 80 years before the terms vaccine and vaccination were introduced, and continue to this day.
Defined networking affect the management : How does software defined networking affect the management of a VPN in comparison to traditional VPN management?
Calculate felicity total life insurance requirements : Estimating life insurance needs - Calculate Felicity's total life insurance requirements, and recommend the type of policy that she should buy
Explain the common signs and symptoms seen : This week you have learned about common respiratory disorders in the Adult and Geriatric patient. For the purpose of this discussion select one of the following
What advice would you give to Harvey : What advice would you give to Harvey? What factors should he consider in deciding whether to buy additional life insurance at this point in his life
Threat of deadly new strain of influenza indicates : Imagine that you are a public health nurse, and you and your colleagues have determined that the threat of a deadly new strain of influenza indicates
How your practicum experience relates to healthy people : A personal, introspective subjective account of your practicum experience and how your practicum experience relates to Healthy People 2020 and course objectives
Software to develop the internal business infrastructure : Describe how you would select appropriate hardware and software to develop the internal business infrastructure.
ARCH5051 Urban Regeneration Assignment : ARCH5051 Urban Regeneration Assignment Help and Solution, University of South Australia, Assessment Writing Service - presentation to a monthly meeting

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd