This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Pete's wife earns 37,400 per year. If Pete dies, his family would require 56,700 to cover their ... (Read 96 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 24, 2018
Pete's wife earns 37,400 per year. If Pete dies, his family would require 56,700 to cover their living expenses. Some of the yearly expenses would be offset by 2,400 from stock dividends, but this is still not enough. How much insurance should Pete have to cover the shortfall, given a 13.1 prevailing interest rate? (Round to nearest 1,000)
 A) 159,000
  B) 129,000
  C) 156,000
  D) 147,000

Question 2

Find the amount of income tax withheld from Karen's semimonthly gross paycheck of 1,937.50 using the percentage method tables in Exhibits 9-1 and 9-2 from your text. Karen is married and claims 4 withholding allowances.
 A) 159.50
  B) 152.48
  C) 97.75
  D) 101.27


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

D


leo leo

  • Member
  • Posts: 566
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

five realms of family life five realms of family life
The family of a soldier in the 31st Philadelphia Infantry camps near Washington, DC. Although both a The family of a soldier in the 31st Philadelphia Infantry camps near Washington, DC. Although both a
An example of a cover letter sent in response to a classified ad. An example of a cover letter sent in response to a classified ad.
As with other groups, there is no such thing as the Latino family. Some Latino families speak little ... As with other groups, there is no such thing as the Latino family. Some Latino families speak little ...
A typical oil pump mounted in the front cover of the engine that is driven by the crankshaft. A typical oil pump mounted in the front cover of the engine that is driven by the crankshaft.
Use flat fingers to apply L stroke in several locations to cover the entire forehead, from midline ... Use flat fingers to apply L stroke in several locations to cover the entire forehead, from midline ...
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library