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

Author Question: If you determine your life insurance needs by considering your annual living expenses, special ... (Read 95 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
on: Apr 14, 2019

Question 1

How much term life insurance should you have to provide your family with $75,000 per year pretax for general expenses for 40 years, plus immediately pre-fund two $100,000 college accounts for your two children in the event of your death. Assume your death benefit could be invested at 6% per year for the entire period.


◦ $1,200,000
◦ $1,357,000
◦ $1,328,472
◦ Not enough information to determine the answer

Question 2

If you determine your life insurance needs by considering your annual living expenses, special future expenses, debt, job marketability of spouse, and value of existing savings, you are using the ________ method.

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 V@ndy87 on Apr 14, 2019

yuyiding

  • Sr. Member
  • ****
  • Posts: 357
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 56% of students answer this correctly


V@ndy87

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Apr 14, 2019
TY


yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #3 on: Apr 14, 2019
You're welcome


« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

The universal features of living cells The universal features of living cells
Field research on free-living primates allows primatologists to study patterns of behavior in the se Field research on free-living primates allows primatologists to study patterns of behavior in the se
In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri
The life cycle of Dictyostelium The life cycle of Dictyostelium
Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ... Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ...
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library