« previous next »

Author Question: Jim wishes to obtain a 20-year endowment insurance policy having a face value of 335,000. Based on ... (Read 209 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
on: Jun 24, 2018
Jim wishes to obtain a 20-year endowment insurance policy having a face value of 335,000. Based on Tables 19-1 and 19-2 from your text, what would be his monthly premium if he were 35 years old?
 A) 1,316.65
  B) 2,262.45
  C) 5,718.50
  D) 1,484.67

Question 2

Carolyne is paid 1,000.00 biweekly. This year, to date, she has earned 25,300.00. What will be the total deduction for Social Security and Medicare taxes on her next paycheck? (Social Security tax is 6.2 of gross wages up to 117,000. Medicare tax is 1.45 of all gross wages.)
 A) 155.80
  B) 94.60
  C) 76.50
  D) 213.05


upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

The face of a caterpillar with the mouthparts showing The face of a caterpillar with the mouthparts showing
The New Face of America The New Face of America
Model for evidence-based clinical decision making. Model for evidence-based clinical decision making.
The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce
U.S. Life Expectancy by Year of Birth U.S. Life Expectancy by Year of Birth
questions based questions based
Video: Asthma Treatment

For a complete list of videos, visit our video library