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

Author Question: Sam figures it will take $250,000 invested at 6% to provide suitable income to his family for 12 ... (Read 68 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
on: Apr 14, 2019

Sam figures it will take $250,000 invested at 6% to provide suitable income to his family for 12 years. He would also like to have $40,000 set aside to educate his two children. Sam's current savings is $20,000. How much life insurance does he need using the budget method?


◦ $190,000
◦ $250,000
◦ $270,000
◦ $310,000
Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jasdeep_brar on Apr 14, 2019

cdmart10

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Apr 14, 2019
Great answer, keep it coming :)

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

The family tree of HIV and related viruses The family tree of HIV and related viruses
The Black Bee-eater (Merops gularis) is a species of bird in the Meropidae family. The Black Bee-eater (Merops gularis) is a species of bird in the Meropidae family.
stages of the family cycle stages of the family cycle
EEG electrodes attached to the child’s scalp provide a record of brain activity in multiple ... EEG electrodes attached to the child’s scalp provide a record of brain activity in multiple ...
Guardian Figures at Gate A of the Citadel Of Sargon II During Its Excavation in the 1840s Guardian Figures at Gate A of the Citadel Of Sargon II During Its Excavation in the 1840s
X-linked recessive inheritance of red-green color blindness in a family X-linked recessive inheritance of red-green color blindness in a family
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library