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

Author Question: If you determine your life insurance needs by considering your annual living expenses, special ... (Read 84 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
on: Apr 14, 2019

Question 1

How much term life insurance should you have to provide your family with $75,000 per year pretax for general expenses for 40 years, plus immediately pre-fund two $100,000 college accounts for your two children in the event of your death. Assume your death benefit could be invested at 6% per year for the entire period.


◦ $1,200,000
◦ $1,357,000
◦ $1,328,472
◦ Not enough information to determine the answer

Question 2

If you determine your life insurance needs by considering your annual living expenses, special future expenses, debt, job marketability of spouse, and value of existing savings, you are using the ________ method.

Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by V@ndy87 on Apr 14, 2019

yuyiding

  • Sr. Member
  • ****
  • Posts: 357
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.
Answer Preview
Only 56% of students answer this correctly


V@ndy87

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Apr 14, 2019
TY


yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #3 on: Apr 14, 2019
You're welcome


« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Stereotypes, which play such a profound role in social life, are a basic area of sociological ... Stereotypes, which play such a profound role in social life, are a basic area of sociological ...
A DC voltage is applied across the spark plug gap after the plug fires and the circuit can determine ... A DC voltage is applied across the spark plug gap after the plug fires and the circuit can determine ...
Simplified view of retrovirus life cycle Simplified view of retrovirus life cycle
How to determine the commission of a sale How to determine the commission of a sale
How to determine the x- and y- intercepts of a linear equation How to determine the x- and y- intercepts of a linear equation
Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ... Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ...
Video: Structures that affect circulation - kidneys, blood volume and venous tone

For a complete list of videos, visit our video library