Name Roubieu AMDiv Final Exam. por Name
final pt. B
A. At McCray-Hall educational publishing she will be provided with free life insurance for $25,000 of
coverage. Her health & dental or medical premiums are $40/month. Finally, the company would require
her to automatically invest 2% of her gross monthly income for retirement.
GROSS Annual 414,500
B. At e-Learning she will have to pay $5 per month for a life insurance policy of $25,000. Her health & dental
or medical premiums are $50 per month. Finelly, the company would provide her with a free retirement
plan.
Gloss Annual 52,208
C. Allison-Weddly will not provide any life insurance policies. Her health & dental or medical premiums are
$90/month. Finally, the company would require her to automatically invest $200 per month for retirement
Gross Annual 43,160
2. Fill out the table below by first estimating her gross monthly income with each company. Determine the
Social Security she would need to pay if it would require that she pay 6.2% of her gross income.
Similarly, find the cost of Medicare at 1.2%, State Income Taxes at 5%, and Federal Income Tax at 14%.
Next, using the information above determine how much she would pay for life insurance, medical
nsurance premiums, retirement costs. Finally, determine her net monthly payche
Elitor
(McCray-Hall)
Designer
fe-Learning)
Salesperson
(Allison-Buddha