« previous next »

Author Question: Rigoberto's family would need 30,500 for annual living expenses if he should pass away. His wife ... (Read 79 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
on: Jun 24, 2018
Rigoberto's family would need 30,500 for annual living expenses if he should pass away. His wife earns 13,300 per year and the family has additional yearly income of 6,200 from investments. If the prevailing interest rate is 8.6, how much life insurance is needed to cover the family's income shortfall? (Round to nearest 1,000)

Question 2

Commission is a percentage method of compensation based on the number of sales the employee made in a period of time.
  Indicate whether the statement is true or false


janeli1

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 24, 2018
Answer to Question 1

128,000

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

A phylogenetic tree of all living things A phylogenetic tree of all living things
Family Family
five realms of family life five realms of family life
Inheritance Pattern for the Mutated FOXP2 Gene in the KE Family Inheritance Pattern for the Mutated FOXP2 Gene in the KE Family
Children with emotional or behavioural problems living with both parents vs divorce Children with emotional or behavioural problems living with both parents vs divorce
Time spent on, paid work and housework, by living arrangements of Canadian Time spent on, paid work and housework, by living arrangements of Canadian
Video: ribosome

For a complete list of videos, visit our video library