{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-16T00:09:13-04:00", "answer_date": "2024-09-16 00:09:13", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "11107810", "url": "\/study-help\/questions\/part-2-a-case-study-assume-you-are-a-financial-11107810", "question_creation_date_js": "2024-09-16T00:09:13-04:00", "question_creation_date": "Sep 16, 2024 12:09 AM", "meta_title": "[Solved] Part 2: A case study Assume: You are a fi | SolutionInn", "meta_description": "Answer of - Part 2: A case study Assume: You are a financial adviser and are approached by a married couple, Keith and Patti Richa | SolutionInn", "meta_keywords": "part,2,case,study,assume,financial,adviser,approached,married,couple,keith,patti", "question_title_h1": "Part 2: A case study Assume: You are a financial adviser and are approached by a married couple, Keith and Patti Richards. Both are 70", "question_title": "Part 2: A case study Assume: You are a financial adviser and", "question_title_for_js_snippet": "Part 2 A case study Assume You are a financial adviser and are approached by a married couple, Keith and Patti Richards Both are 70 years old and Australian citizens The following information is an extract of data you gathered as part of the fact finding exercise during an initial client consultation with them The couple has approached you for an understanding of their age pension eligibility They have the following assets Calculate their entitlement for the age pension Assets Home Home Contents and cars Investment property net rental income of $10 000 Bank account interest rate of 2 Term deposit interest rate of 3 5 Amounts $600,000 00 $65,000 00 $320,000 00 $110,000 00 $270,000 00 Calculate their entitlement to the age pension (10 marks)", "question_description": "

\"image<\/p> Part 2: A case study Assume: You are a financial adviser and are approached by a married couple, Keith and Patti Richards. Both are 70 years old and Australian citizens. The following information is an extract of data you gathered as part of the fact-finding exercise during an initial client consultation with them: The couple has approached you for an understanding of their age pension eligibility. They have the following assets. Calculate their entitlement for the age pension. Assets Home Home Contents and cars Investment property net rental income of $10 000 Bank account -interest rate of 2% Term deposit interest rate of 3.5% Amounts $600,000.00 $65,000.00 $320,000.00 $110,000.00 $270,000.00 Calculate their entitlement to the age pension. (10 marks)", "transcribed_text": "", "related_book": { "title": null, "isbn": null, "edition": null, "authors": null, "cover_image": null, "uri": null, "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-16 00:09:13", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/theory-of-probability\/let-u-be-a-random-variable-which-is-uniformly-distributed-2015001", "description": "Let U be a random variable which is uniformly distributed on (0, 1); and define the random variables Yn, n 1, by Now, since, with probability 1, U will be greater than 0, it follows that Yn will...", "stars": 0 }, { "url": "\/daphne-kavier-is-the-managing-director-of-the-topeka-day", "description": "Daphne Kavier is the managing director of the Topeka Day Care Center. 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Complete parts (a) through (d) below. Observation 1 2 3 4 5 6 7 8 X 46.7 46.8 48.7 43.9 47.5 48.1 44.8 48.3 50.9 47.9 51.6 48.3 47.3 51.2 45.9...", "stars": 3 }, { "url": "\/study-help\/questions\/this-is-kimon-and-he-designed-a-new-range-of-1000032", "description": "this is kimon and he designed a new range of sneakers that are made from recyclable materials such as plastic and rubber. he also made sure that the sole is as comfortable as possible and that these...", "stars": 3 }, { "url": "\/study-help\/questions\/im-confused-by-the-pictures-here-residential-fire-damage-claims-4516333", "description": "I'm confused by the pictures here Residential Fire Damage Claims, 2010-2020 14,000 12.000 10,000 8,000 Thousands of Dollars 6,000 - 4.000 2,000 2010 2015 2020 Source: Insurance company records ()...", "stars": 3 }, { "url": "\/study-help\/questions\/5-suppose-that-you-get-the-following-regression-result-from-1002597", "description": "5. 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