BUSN 380 help Making Decisions/uophelp.com BUSN 380 help Making Decisions/uophelp.com | Page 95

Question 10.10. (TCOs 6 and 7) You have purchased a condominium in
Orlando, FL in order to rent out rooms to vacationers. What type of
investment have you made? (Points : 1)
Direct investment in real estate
Indirect investment in real estate
Investment in precious metals
Investment in collectibles
Investment in gems
Question 11.11. (TCOs 6 and 7) All of the following are misconceptions
about retirement planning except for which? (Points : 1)
My expenses will drop when I retire.
My retirement will last only 8 years.
I can depend on Social Security income and Medicare for medical
bill payment.
I can depend on my company pension.
My savings will still be affected by inflation.
Question 12.12. (TCOs 6 and 7) The average life expectancy of a
woman at age 65 is (Points : 1)
9 years.
16 years.
13 years.
11 years.
19 years.
Question 13.13. (TCOs 6 and 7) If your mortgage is largely or
completely paid off, then you may be eligible for a (Points : 1)
reverse mortgage annuity.
variable annuity.
mortgage advance.
regional-based annuity.
mortgage package.