Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Assume Ben and Sarah have hired you as their financial planner. Upon brief investigation, you collect the following information. The couple has been married for 5 years and have no children. They take expensive vacations several times a year. Both have good jobs and both save the maximum allowed in their Sectionf 401(k) plans. The mortgage on their house is 10.3% rate. The current mortgage rate is 8.15%. Their credit card balance has approximately $1500 for some time and make minimum payments each month. The couple has a monthly discretionary cash flow deficit of $98. What would be your recommendations to increase their monthly discretionary cash flow?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M942182

Have any Question? 


Related Questions in Basic Finance

The following appeared in an article in the wall street

The following appeared in an article in the Wall Street Journal: Credit Suisse Group equity-derivatives strategist Sveinn Palsson suggests a "strangle" in the company's options. The strategy involves selling a call and a ...

1 list the likely types of bonds that would be considered

1. List the likely types of bonds that would be considered by an investor with a low tolerance for risk and with the objective of generating income for the next 10 years. 2. List the likely types of bonds that would be c ...

Assume the followingerm 7rf 2expected risk premium on

Assume the following: E(rM) = 7% rF = 2% Expected risk premium on Boeing stock = 7% What is the expected return on Boeing stock? Show your work

Contrast lookback options and barrier options and explain

Contrast lookback options and barrier options and explain the difference between in- and out-options? Explain how weather derivatives could be used by an electric utility to manage the risk associated with power consumpt ...

1 contact your local ham radio organization and take a

1. Contact your local ham radio organization and take a certification course. Use your certification to get involved in local response. You can get more information from the Amateur Radio Relay League (ARES; http://www.a ...

Part -11interest income how can gross interest income rise

Part -1: 1) Interest Income. How can gross interest income rise while the net interest margin remains somewhat stable for a particular bank? 2) Bank Leverage. What does the assets/equity ratio of a bank indicate? 3) Loan ...

1 why have railroad miles declined during a period of

1. Why have railroad miles declined during a period of national growth? 2. Railroads have the largest percentage of intercity freight ton-miles, but motor carriers have the largest revenue. How do you explain this relati ...

Imagine that you have collected the following set of iq

Imagine that you have collected the following set of IQ scores: a . Construct a simple frequency distribution of these scores. b. Construct a grouped frequency distribution of these scores that includes both frequencies ...

A very thin polymeric coating of thickness 01 mm uniformly

A very thin polymeric coating of thickness 0.1 mm uniformly coats a rectangular surface. The rectangular surface has a length of 20 cm and a width of 10 cm. the coating contains a solvent that must be evaporated away fro ...

1 comment on the following proposition using floating-rate

1. Comment on the following proposition: Using floating-rate debt eliminates interest rate risk (the risk that interest payment amounts will change in the future) for both the borrower and the lender. 2. What purpose do ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro