Lotto Study guides, Study notes & Summaries

As a rule of thumb, it is best if consumer debt does not exceed: A. 20% of net income. B. 20% of gross income. C. 3 to 6 months of expenses. D. 36% of gross monthly income. CORRECT ANSWER A. 20% of net income This is a rule of thumb, along with the others that recommend housing debt be limited to 28% of gross income, and total debt not to exceed 36% of gross income. David has won the Illinois state lottery. He must decide whether to receive annual payments of $250,000 at the beginnin...

CFP Practice Questions - Fundamentals As a rule of thumb, it is best if consumer debt does not exceed: A. 20% of net income. B. 20% of gross income. C. 3 to 6 months of expenses. D. 36% of gross monthly income. - A. 20% of net income This is a rule of thumb, along with the others that recommend housing debt be limited to 28% of gross income, and total debt not to exceed 36% of gross income. David has won the Illinois state lottery. He must decide whether to receive annual payment...

IL Life Insurance Exam Complete Solutions ordinary straight life ️straight life annuity income option provides for annuity payments to the annuitant for as long as he or she lives limited pay ️premium paying period is limited by the policy owner to a specified age of time or to a specific age. protection to age 100 single premium life ️pay one premium protection to age 100 adjustable life ️lvl premiums and death benefits. combo of term and whole life. convertible term ️te...

LML4804 - TAX LAW ASSIGNMENT (03): Compulsory assignment - Written UNIQUE NUMBER This assignment has to reach UNISA by 19 September 2016. Your answer must not exceed eight (8) typed pages. If you exceed the page limitation, you will be penalised. This assignment counts 15 per cent towards your final mark. FACTS: On assumption that all the transactions were made in the 2014/15 year of assessment answer the following questions:- Summary of Facts QUESTION 1: CAPITAL GAINS TAX (30 ...

Chapter 3 The Time Value of Money TRUE/FALSE T 1. Compounding refers to the earning of interest on interest earned previously. F 2. The larger the rate of interest, the smaller is the future value of a dollar. T 3. If a bank pays 2 percent compounded daily, the true rate of interest is greater than 2 percent. T 4. A series of equal payments is called an annuity. T 5. If interest rates are 0 percent, an annuity of $100 for ten years is the same as $1,000 today. ...

The TEFL Academy – Assignment B – Material Sheet (Pass) Please use this assignment as a guideline for creating and completing your assignment. Read 'Advice on Approaching this Assignment' before you begin work on this template. Include any references necessary in the bibliography template. See the 'Referencing' document for advice on what is required. Assignment B – Materials Provide copies of all the materials (worksheets, visuals, etc.) you would give or show the students in additi...

London Drugs Training questions and answers latest top score. All stock arriving at the store must come through where? - correct answers.Receiving department. All questions referring to product that lies within 25 feet of the pharmacy department must be referred to whom? - correct answers.A pharmacist. What is the London Drugs policy regarding who must be asked to produce picture ID when they purchase tobacco products? - correct answers.Anyone who appears under the age...

Stock Terminology 2022 AH Correct Answer: After Hours - After 4pm EST when the market closes. bagholder Correct Answer: informal investment term used to describe an investor who holds a position in a stock which decreases in value until it is worthless. Don't be a bagholder catalyst Correct Answer: event that has the potential to cause the price of a security to move up or down. These are events that we are aware are coming. An example: Apple comes out with the new iPhone event. ...

The following are the requisites of an obligation, except: a. Passive subject, debtor or obligor. - The party who has the right to demand. b. Active subject, creditor or oblige. -the party who is obliged to perform. c. Efficient cause. -legal or juridical tie which binds the parties. d. Demand.Test 1 Multiple Choice 1. The following are the requisites of an obligation, except: a. Passive subject, debtor or obligor. - The party who has the right to demand. b. Active subject, creditor or oblige. -...

1 PRTC OBLIGATION 1. A mango tree in the land of O is reclining towards the road. All of a sudden, without a storm or an earthquake or even strong wind, the tree falls hitting a car belonging to X causing a P20, 000 damage. The liability of O to X arises from: a. a. Law b. Contract c. Quasi –contract d. Delict e. Quasi – delict 2. The obligation of the employer to pay death benefits and funeral expenses for his employer’s death while in the course of employment as sanctioned by the Workmen...