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

Author Question: Pern purchased a 20-year endowment insurance policy having a face value of 20,000 when she was 20 ... (Read 45 times)

crazycityslicker

  • Hero Member
  • *****
  • Posts: 537
on: Jun 24, 2018
Pern purchased a 20-year endowment insurance policy having a face value of 20,000 when she was 20 years old. Based on Table 19-3 from your text, what is the cash value of her policy if she is now 30 years old?
 A) 2,191
  B) 2,910
  C) 3,324
  D) 6,480

Question 2

What will be the total deduction for social security and Medicare taxes on Rony's next semimonthly paycheck of 3,960.00, if she has already earned 42,560.00 this year? (Social security tax is 6.2 of gross wages up to 117,00. Medicare tax is 1.45 of all gross wages.)
 A) 283.52
  B) 302.94
  C) 101.87
  D) 242.92


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

B


crazycityslicker

  • Member
  • Posts: 537
Reply 2 on: Jun 24, 2018
Wow, this really help

Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
The New Face of America The New Face of America
In the box on upward social mobility on page 82, we discussed how Latinos face a similar situation. ... In the box on upward social mobility on page 82, we discussed how Latinos face a similar situation. ...
Food policy can drive the food industry Food policy can drive the food industry
Average Number of Days per Year with Thunderstorms Average Number of Days per Year with Thunderstorms
A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ... A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ...
Video: Osteoporosis

For a complete list of videos, visit our video library