Finance Answers

When to Start Retirement and Estate Planning

Watch the module video and try to answer the question " When should a person start retirement and estate planning?" Conduct some research on your own to add to your answer. After watching the video and conducting your own research post your recommendation as your original post to the Module Ten discussion board.

Module Video: https://www.youtube.com/watch?v=xM37cD_YAOk

Retirement Planning

Develop your own ideas and expectations for your retirement. At what age do you want to retire? How many years do you have to prepare before you reach that age? Will you want to stop working at retirement? Will you want to have a retirement business or start a new career? Where and how would you like to live? How do you think you would like to spend your time in retirement? How much have you saved toward retirement so far?

Adequate Finances

After analyzing your expected retirement try to strategize how you will earn the adequate finances to cover your expected retirement lifestyle. How will 401k plans and Roth IRA's help you prepare for your retirement?

Context Link: https://saylordotorg.github.io/text_personal-finance/s15-personal-risk-management-retir.html

Extra Directions: Answer these prompts with the mindset of a sixteen year old female in high school as a sophomore.

Discuss the reason that led to the introduction of the basel capital accord.

Explain the reasons an investor would prefer investing in equity securities as opposed to fixed income securities. [10 marks]

What is reinvestment rate (or price) risk? Which has more reinvestment risk, a 1-year bond or a 10 year bond?

What is interest rate (or price) risk? Which has more interest rate risk, an annual payment 1-year bond or a 10 year bond? [3 marks]

Ogopa Ltd leased a section of Karura Forest to Ogoplet Ltd (charcoal makers) on 1 January 1994 at a minimum rent of Sh.30,000 merging into a royalty of Sh.150 per ton with the power to recoup short workings during the first 3 years of the lease only. Output over the next 5 years was 90, 150, 270, 170 and 280 tonnes respectively.

Requred: Show the above transactions as they would appear in the books of Ogopa Ltd.

Q5. A work shop contains four persons available for work on the four

jobs. Only one person can work on any one job. The following table

shows the cost of assigning each person to each job. The objective is to

assign person to jobs such that the total assignment cost is a minimum.

Jobs

1 2 3 4

A 20 25 22 28

Persons B 15 18 23 17

C 19 17 21 24

D 25 23 24 24

The sales data of XYZ ltd (in million of shillings) for the years 2001 and 2004 inclusive are as given as below:

2001; 40, 64, 124, 58.

2002; 42, 84, 150, 62.

2003;46, 78, 154, 96.

2004;54, 78, 184, 106.

Calculate the estimated sales for each quarter of the year 2004

There is established, pursuant to Article 225 of the Constitution, an entity of the national government to be known as the National Treasury. Discuss the various responsibilities and powers of the National Treasury.