Kyle and Linda are married with two children at home and a mortgage. Kyle's net pay per year is $32,000 and Linda's is $48,000. Their monthly expenses are $3,500. Kyle and Linda each contribute 15% of their earnings to a retirement fund and they have $5,000 in savings. They also have a $100,000 life insurance policy on Kyle, but none on Linda.

Question: As their financial advisor, what part of Kyle and Linda's financial plan would you encourage them to work on and why?

ANSWER:

Their plan for protecting their assets.

They should have life insurance on Linda.

its a trick question

step-by-step explanation:

dogs love water, just turn on the hose and it will run in circles chasing the water all day : )

the terms of a geometric sequence can be found by beginning with the first term and multiplying by the common ratio repeatedly. a recursive formula for a geometric sequence with common ratio r is given by an=ran−1 a n = r a n − 1 for n≥2 n ≥ 2 .

step-by-step explanation: