Business, 02.04.2021 17:20 DEVORIA2001
Joetta Hernandez is a single parent with two children and earns $ a year. Her employer's group life insurance policy would pay 2.5 times her salary. She also has $ saved in a 401(k) plan, $ in mutual funds, and a $ CD. She wants to purchase term life insurance for 15 years until her youngest child is self-supporting. She is not concerned about her outstanding mortgage, as the children would live with her sister in the event of Joetta's death. Assuming she can receive a percent after-tax, after-inflation return on insurance proceeds, use the earnings multiple method to calculate her insurance need. How much more insurance does Joetta need to buy? What other information would you need to know to use the needs approach to calculate Joetta's insurance coverage? Click on the table icon to view the PVIFA table LOADING
Assuming she can receive a percent after-tax, after-inflation return on insurance proceeds and using the earnings multiple method, Joetta's insurance need is $
nothing. (Round to the nearest dollar.)
Enter your answer in the answer box and then click Check Answer.
1
part remaining
Data Table
Present Value of an Annuity of $1 (PVIFA)
n
%
%
%
%
%
%
%
%
%
%
Answers: 2
Business, 22.06.2019 20:40
Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.
Answers: 2
Business, 22.06.2019 21:00
Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $
Answers: 1
Business, 22.06.2019 23:30
Match the different financial tasks to their corresponding financial life cycle phases wealth protection, wealth accumulation and wealth distribution
Answers: 3
Business, 23.06.2019 15:30
When filling out paperwork after you've been hired, you must have a: a. hiring sheetb. driver's licensec. social security numberd. copy of your transcript
Answers: 1
Joetta Hernandez is a single parent with two children and earns $ a year. Her employer's group lif...
History, 21.09.2019 22:50
Chemistry, 21.09.2019 22:50
Biology, 21.09.2019 22:50
History, 21.09.2019 22:50
Mathematics, 21.09.2019 22:50
Social Studies, 21.09.2019 22:50
Biology, 21.09.2019 22:50
Mathematics, 21.09.2019 22:50
English, 21.09.2019 22:50