2023 Unit 2 Discussion Susan Smith is an office administrator for a small company that does not have a | Assignments Online

2023 Unit 2 Discussion Susan Smith is an office administrator for a small company that does not have a | Assignments Online

Assignments Online 2023 Business Finance

 

Unit 2 Discussion

Susan Smith is an office administrator for a small company that does not have a retirement plan. Susan is 38 years old, divorced with a 14-year-old daughter.

  • Her ex-husband pays $600 a month in child support.
  • He also maintains a $75,000 life insurance policy with Susan as beneficiary.
  • Susan’s monthly rent is $900.
  • Susan will receive $40,000 when former residence is sold.
  • Susan has $5,000 credit card debt @ 18% interest.
  • $2,500 in savings
  • Maximum payment on credit cards are $300
  • Susan received inheritance of $20,000 which she has placed in a 90-day Certificate of Deposit
  • Susan has never had a budget her income or expenses

Susan’s goals:

  • To get control of her finances
  • Purchase a $95,000 condominium
  • Save money for retirement

What are your recommendations to Susan? What does she need to do to reach her goals? What steps are necessary for Susan to get her finances in order? Explain.

ASSIGNMENT 2 IS ATTACHED

Assignmentsonline.org help students to solve their assignment in the best possible manner. In the assignment help industry, we are regarded as one of the best helpers for students’ tasks in all subjects. We provide solutions to students from all corners of the world, but the main focus is from students residing in the US, UK, and Australia. Our primary focus is solving student assignments for all subjects and streams.

Place Order NOw

Assignment online is a team of top-class experts whose only goal is to give you the best assignment help service. Follow the link below to order now...

#write essay #research paper