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Ann and Michael have been married for 55 years. Ann is 80 years-old, and suffers from lung cancer and advanced Alzheimer’s disease

This week you have two options for your initial discussion post. Select the option that is best for you! Please remember to use and credit the lesson or required NIH website (there was not a textbook reading this week), AND one outside scholarly source.

Option #1 – Case Study to Consider

Ann and Michael have been married for 55 years. Ann is 80 years-old, and suffers from lung cancer and advanced Alzheimer’s disease. She currently resides in a nursing home, and often does not recognize Michael when he visits. Last night she was admitted to the hospital with difficulty breathing. Today, you are the nurse caring for Ann, and her physician is suggesting surgery to remove part of her lung to potentially slow the progression of her cancer. Michael is feeling unsure about this course of treatment, and asks for your advice and guidance.

How would you respond to Michael and serve as advocate for your patient?

Option #2 – Share a Related Experience

Share with your classmates a time when you cared for a patient at the end of their life. This may be a time when you assisted the patient (or their support system) with decisions related to end of life care; or a time when you were present for the death of a patient.

What were your observations related to this experience? Do you believe it was a peaceful death? What went well? Can you think of any

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thing that could have made the experience better for the patient and/or family?

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Writers Solution

Dan and Asha are both married, working adults

Dan and Asha are both married, working adults. They both plan for retirement and consider the $4,000 annual contribution a must.
 

First, consider Asha’s savings. She began working at age 20 and began making an annual contribution of $4,000 at the first of the year beginning with her first year. She makes 15 contributions. She worked until she was 35 and then left full-time work to have children and be a stay at home mom. She left her IRA invested and plans to begin drawing from her IRA when she is 67.
 

Dan started his IRA at age 40. The first 20 years of his working career, he used his discretionary income to buy a home, upgrade the family cars, take vacations, and pursue his golfing hobby. At age 40, he made his first $4,000 contribution to an IRA and contributed $4,000 every year up until age 67, a total of 27 years/contributions. He plans to retire at age 67 and make withdrawals from his IRA.
 

Both IRA accounts grow at a 8% annual rate. Do not consider any tax effect.

A. Using TVM calculate the amount in Asha’s account when she turns 67

B. Using TVM calculate the amount in Dan’s account when he turns 67