The needs approach attempts to determine the amount of funds necessary to meet the needs of a family after the death of the primary breadwinner. Name the seven common family needs
What will be an ideal response?
Answer:
1. cleanup funds
2. debt elimination
3. immediate transition
4. dependency expenses
5. spousal life income
6. educational expenses for children
7. retirement income
You might also like to view...
That the real interest rate will be the nominal interest rate minus the expected rate of inflation is known as the ______________.
Fill in the blank(s) with the appropriate word(s).
Fredrik signs a check "pay to the order of Gennifer" drawn on Fredrik's account in Harborside Bank to buy Gennifer'sjet ski. Fredrik asks the bank to indicate on the face of the check that it will accept it when Genniferpresents it for payment. If the bank agrees, this will be
a. a cashier's check. b. a certified check. c. ateller's check. d. a traveler's check.
CommNet recently offered a new smartphone featuring the latest in camera technology. Consumers were initially slow to spend on the upgrade, but sales have now taken off and demand is increasing rapidly. The smartphone is in the ________ stage of the product life cycle.
A. conception B. decline C. maturity D. growth E. creation
COCOMO stands for ________
A) Constructive Coordination Model B) Constructive Cost Model C) Collective Cost Model D) Constructive Correction Model