Calculate véronique monthly taxable benefit

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Question - Véronique's life insurance coverage through her Québec employer's group plan is 2 times her annual salary of $39,000.00. 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, which does not include tax. Calculate Véronique's monthly taxable benefit.

Reference no: EM132948765

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