An insurance company is offering a new policy to its customers. typically, the policy is bought by a parent or grandparent for a child at the child’s birth. the details of the policy are as follows: the purchaser (say, the parent) makes the following six payments to the insurance company: first birthday: $ 940 second birthday: $ 940 third birthday: $ 1,040 fourth birthday: $ 1,040 fifth birthday: $ 1,140 sixth birthday: $ 1,140 after the child’s sixth birthday, no more payments are made. when the child reaches age 65, he or she receives $130,000. if the relevant interest rate is 9 percent for the first six years and 5 percent for all subsequent years, what is the value of the policy at the child's 65th birthday

In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills.what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i.e, his fifth year, not his junior year).