This topic contains a solution. Click here to go to the answer

Author Question: If Tanya's husband were to die, she and her children could live on 60,400 per year. Tanya makes ... (Read 146 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
If Tanya's husband were to die, she and her children could live on 60,400 per year. Tanya makes 33,100 annually, and estimates additional income of 21,500 from other sources. How much insurance should she purchase on her husband to cover the shortfall, assuming a 16.7 prevailing interest rate? (Round your answer to the nearest 1,000)
 A) 28,000
  B) 36,000
  C) 35,000
  D) 30,000

Question 2

Cazz receives a semimonthly paycheck from a jazz club of 4,500.00. He is married and is entitled to 1 withholding allowance. Using the percentage method, calculate the amount of income tax that should be withheld from his paycheck each pay period. Use tables in Exhibits 9-1 and 9-2 from your text.
 A) 732.41
  B) 931.41
  C) 650.55
  D) 630.54



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

apple

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

C

Answer to Question 2

C




luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 24, 2018
Excellent


jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

For a complete list of videos, visit our video library