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Author Question: An employer provides all employees with term life insurance equal to their annual income. Using the ... (Read 105 times)

tiffannnnyyyyyy

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on: Apr 14, 2019

Question 1

How much insurance would be needed in order to provide for a family for 20 years if the pretax income necessary to cover living expenses is $50,000 and the money can be invested at 6%?


◦ $573,500
◦ $1,000,000
◦ $833,333
◦ $2,100,000

Question 2

An employer provides all employees with term life insurance equal to their annual income. Using the income method with a factor of 5, how much additional life insurance will an employee earning $75,000 per year need?


◦ $375,000
◦ $300,000
◦ $75,000
◦ $50,000
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by tiffannnnyyyyyy on Apr 14, 2019

TheDev123

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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.
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tiffannnnyyyyyy

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Reply 2 on: Apr 14, 2019
Thanks for the timely response, appreciate it

isabelt_18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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