Question: O For the following needs analysis case answer the accompnaying questions by filling in the blanks Bellamy and Clarke are a very successful couple in
O For the following needs analysis case answer the accompnaying questions by filling in the blanks Bellamy and Clarke are a very successful couple in their mid-30's. Bellamy is a security consultant and Clarke is th needs Bellamy's income (last calendar year) $84,000 Clarke's income (last calendar year) S83,000 Investments (current rate of interest 6.3%) 5608,000 RRSP's $341,000 Real Estate $123 Million Cash $14.700 Mortgage $287.000 Line of Credit (loan) $225,000 Credit Cards SO Personal loans (cars, etc.) $113,000 Investment Rate 6.30% Taxes on income 20% Inflation 2% . 1 How much insurance does Clarke need using the capitalization of income approach for 20 years? 2 How much would be required to pay the last or final expenses of Bellamy or Clarke? S! o O For the following needs analysis case answer the accompnaying questions by filling in the blanks Bellamy and Clarke are a very successful couple in their mid-30's. Bellamy is a security consultant and Clarke is th needs Bellamy's income (last calendar year) $84,000 Clarke's income (last calendar year) S83,000 Investments (current rate of interest 6.3%) 5608,000 RRSP's $341,000 Real Estate $123 Million Cash $14.700 Mortgage $287.000 Line of Credit (loan) $225,000 Credit Cards SO Personal loans (cars, etc.) $113,000 Investment Rate 6.30% Taxes on income 20% Inflation 2% . 1 How much insurance does Clarke need using the capitalization of income approach for 20 years? 2 How much would be required to pay the last or final expenses of Bellamy or Clarke? S! o
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