After-inflation return on insurance proceeds

Assignment Help Business Management
Reference no: EM133031679

Joetta Hernandez is a single parent with two children and earns ?$58,300 a year. Her? employer's group life insurance policy would pay 2.5 times her salary. She also has ?$77,733 saved in a? 401(k) plan, ?$6,478 in mutual? funds, and a ?$3,887 certificate of deposit. She wants to purchase term life insurance for 15? years, until her youngest child is? self-supporting. She is not concerned about her outstanding? mortgage, as the children would live with her sister in the event of? Joetta's death.

Assuming she can receive a 4 percent? after-tax, after-inflation return on insurance proceeds and using the earnings multiple? method, what is Joetta's insurance need?

Reference no: EM133031679

Questions Cloud

Measure participants athletic ability : A researcher is studying athletic ability. They decide to measure participants' athletic ability by timing their speed in the 40 yards dash.
Develop an erp implementation project plan : Develop an ERP implementation project plan most fitting to Broadband-X's situation, accompanied by an implementation strategy
Ethical application of erm : How does risk concepts like exposure, volatility, probability, severity,time horizon, correlation snd capital contribute to the ethical application of ERM.
Define and explain the nature of a Master budget : Clearly define and explain the nature of a Master budget and why it is important to prepare such a budget.
After-inflation return on insurance proceeds : Joetta Hernandez is a single parent with two children and earns ?$58,300 a year. Her? employer's group life insurance policy would pay 2.5 times her salary
Reduction in health insurance benefits : Your wallet is almost empty, and bills for college expenses, food, and other expenses keep piling up. You read last weekend that Shop-Till-You-Drop
What was the average issue price per common share : During January 2020, its first month of operations, the following selected transactions occurred: What was the average issue price per common share
Describe the elements of a strategic plan : Describe the elements of a Strategic Plan and identify key performance measures for a Not-for-Profit social service operating in their state
Discuss the significance of the main concepts : Explain and discuss the significance of the main concepts and their proponents, key concerns, and points of contention in these debates.

Reviews

Write a Review

Business Management Questions & Answers

  Decision making with managerial accounting

Decision Making with Managerial Accounting

  Legal dispute between pi and a customer

Identify the name of the Maryland state court that has jurisdiction to hear a legal dispute between PI and a customer regarding an in-state transaction.

  Corporate governance or executive compensation

Pick one of the following terms for your research: Stakeholder, corporate citizenship, reputation, corporate governance, or executive compensation.

  Feedback in the quality improvement process

How does stakeholders, such as patients, managers, administrators, clinicians, health insurers, regulatory agencies, and so forth, use feedback in the quality improvement process. (or how it can be used)

  Motivate and deal with new work force

If the workforce is becoming more and more independent and diverse how does a company motivate and deal with this new work force?

  What is corporate-level strategy

1 - According to the I/O model, what should a firm do to earn above-average returns?

  Proposal for your negotiation analysis paper

By the end of the week, submit a topic proposal for your Negotiation Analysis Paper. The proposal (one page) should describe the focus of the paper.

  Discuss how macro level factors in an external environment

Discuss how macro level factors in an external environment could have or already has, impacted the structure of the cell phone industry in the global marketplace.

  Various types of direct compensation

A strategic purpose for a well-blended compensation program, one that includes various types of direct compensation, is gaining employee commitment and productivity. One of the most effective tactics for this strategy is designing a process for li..

  What are amazon environmental sustainability practices

What are Amazon's environmental sustainability practices?

  What constitutes a useful report

Assignment Purpose: To learn what constitutes a useful report.

  Create a feasibility study for harley-davidson

Directions: Create a Feasibility Study for Harley-Davidson using the following outline:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd