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Author Question: Cheryl purchased a whole life insurance policy having a face value of 425,500 when she was 30 years ... (Read 321 times)

OSWALD

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on: Jun 24, 2018
Cheryl purchased a whole life insurance policy having a face value of 425,500 when she was 30 years old. Based on Table 19-3 from your text, what is the cash value of her policy if she is now 40 years old?
 A) 42,257
  B) 40,262
  C) 41,699
  D) 41,134

Question 2

Naomi received weekly wages of 1,185.58. She is married and is entitled to 7 withholding allowances. How much income tax will be withheld, based on the percentage method tables in Exhibits 9-1 and 9-2 from your text?
 A) 0
  B) 20.29
  C) 30.16
  D) 82.66


yahahah24021

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

C


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