Answer: The illustration must show that the policy owner (Kiara)<em> </em><em>may need to resume paying the premium payments depending on actual results. </em>
The policy owner will need to determine if this is the right policy for her and her family. The illustration should be truthful about how the policy will perform for the buyers lifetime. The illustration should also show the financial projections for each year so the buyer can determine if the plan fits their budget.
<u>Note:</u>
<u>I was unable to find the complete question. The only thing I accessed successfully was the solution of the question.</u>
Answer:
Reduce student loan balances by $12,000 within 5 years by making extra payments of $200 each month.
Explanation:
The reason is that the reduction in the student loan is:
Specific as it addresses about the solution of the plan which in this case is paying extra $200 each month.
Measurable as the student loan reduction is by $12,000, time duration and the extra payment is also measurable.
Attainable as the each month extra payment of $200 is not large amount.
Realistic as the reduction by $12,000 is computed on appropriate grounds ($200 per month * 12 month * 5 years).
Timely as the achievement duration of the goal set is 5 years.
Hence the goal is SMART.
Answer:
Explanation:
Terminal or horizon date is a point in time where a company's dividend experiences a constant growth rate.
In this case, it is mentioned that non-constant growth rate of 20% will happen for first two years and thereafter, a constant rate of 5%; this means that
D1= 1.25(1.20) =1.5
D2 = 1.5 (1.20)= 1.8
Then starting at D3, there's a constant growth rate = 5% so,
D3 = 1.8 (1.05)= 1.89
D4 = 1.89(1.05)= 1.9845
D5 = 1.9845 (1.05) = 2.0837
.....and so on
Therefore, the horizon date would be at the end of the second year i.e. End of Year 2.
Answer:
The answer is below
Explanation:
The Federal Reserve System Board of Governors is one of the five branches of the Federal Reserve System. Their roles involve carrying out the analysis of economic data, executing supervision of Reserve Banks, establishing and overseeing financial regulations.
The board comprises seven members with 14-year terms. They also partake in the Federal Open Market Committee and as well liaising with leaders in other parts of the government.
