{"id":120175,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/loan-recommendation"},"modified":"2017-08-12T07:05:42","modified_gmt":"2017-08-12T07:05:42","slug":"loan-recommendation","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/loan-recommendation\/","title":{"rendered":"Loan Recommendation"},"content":{"rendered":"

Needs to be submitted by 3:00 PM CST <\/b>Sunday<\/b>, May 14th.<\/b><\/p>\n

For this part of the course project, you will demonstrate your ability to illustrate the functions and impact of banking and monetary institutions and to provide a recommendation guided by them.<\/p>\n

In your role as a financial advisor at Eagle Consulting, you are performing a complete financial analysis for Melinda Jacobsen, a successful business executive who is retiring in 10 years. A portion of this analysis covers the question of whether Ms. Jacobsen should refinance her home in order to provide additional funding for a long-term retirement investment.<\/p>\n

Because “above and beyond” customer service is critical to the success of Eagle Consulting, in addition to providing a recommendation on possible refinancing options, you want to provide Ms. Jacobsen with some background information on the Federal Reserve and how it affects interest rates.<\/p>\n

Using the information about Melinda Jacobsen’s goals and the information you uncover during your research, you will write a recommendation document that explains the Federal Reserve, how the Federal Reserve affects interest rates, possible loan options, and a final recommendation for what loan she should choose.<\/p>\n

To complete this assignment, do the following:<\/p>\n

    \n
  1. Download and read the Eagle Consulting Info Sheet<\/a>. (see attachment)<\/li>\n
  2. Write a 3 page recommendation structured in three parts:\n
      \n
    1. Explanation of how the Federal Reserve impacts interest rates (1.5 pages)<\/li>\n
    2. Explanation of loan options (1 page + Excel chart)Recommendation for a loan (.5 page)See below for details on each of the three parts.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n

      Part 1: Federal Reserve’s Impact on Interest Rates<\/b><\/p>\n

        \n
      1. Discuss how the Federal Reserve uses the following tools to impact interest rates and the economy:\n
          \n
        1. Open market operations<\/li>\n
        2. Discount rate<\/li>\n
        3. Reserve requirements<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n

          Part 2: Loan Options<\/b><\/p>\n

            \n
          1. Research the current mortgage interest rates for a 10-year, 15-year, 20-year, and 30-year loan.<\/li>\n
          2. In Excel, graph the interest rates using years as the X-axis and interest rates as the Y-axis.<\/li>\n
          3. Using the graph, describe the following:\n
              \n
            1. Type of yield curve presented in the graph<\/li>\n
            2. Relationship between interest rates and number of years to maturity<\/li>\n
            3. Impact that risk and inflation has on the interest rates as the maturity date is lengthened<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n

              Part 3: Recommendation<\/b><\/p>\n

                \n
              1. Make a recommendation to Ms. Jacobsen on what mortgage loan to take (10-year, 15-year, 20-year, or 30-year).<\/li>\n
              2. Justify your recommendation.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

                Needs to be submitted by 3:00 PM CST Sunday, May 14th. For this part of the course project, you will demonstrate your ability to illustrate the functions and impact of banking and monetary institutions and to provide a recommendation guided Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-120175","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/120175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=120175"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/120175\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=120175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=120175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=120175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}