Calculate Macy monthly taxable benefit

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Question - Macy's life insurance coverage through her employer's group plan is 2 times her annual salary of $33,000.00. Her employer pays the insurer 100% of the cost of her life insurance coverage at a premium rate of $2.00 per $1,000.00 of coverage per month. Calculate Macy's monthly taxable benefit?

Reference no: EM132834234

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