How much insurance should alice have

Reference no: EM13290481

Alice is 40 years old and earns $35,000 annually. The multiple earnings approach to determine the amount of life insurance needed shows that she should have 6.5 times her earnings. How much insurance should Alice have? (Show all work.)

Reference no: EM13290481

Questions Cloud

How much annual income will he need from his employer plan : how much annual income will he need from his employer's plan and from his own planning when he retires? (Show all work.)

How much will her employer put into her account this year : If her employer matches contributions on the first 5% of her salary dollar for dollar and the second 5% 50 cents on the dollar, how much will her employer put into her account this year?

Explain what is the major product when you react cis : what is the major product when you react cis and trans 1 broom 2-t-butyl with CH3CH2ONa and CH3CH2OH and which one is fastest and why

Find the change in vo resulting from change in the supply : A voltage regulator circuit uses a Zenerdiode that exhibits a total voltage of 5.2 V at 20 mA and has aresistance Rz = 20 W. The regulator operates froma 10 V supply and has a 1 kW load. A) Use the node voltage method at the output node to derive a..

How much insurance should alice have : Alice is 40 years old and earns $35,000 annually. The multiple earnings approach to determine the amount of life insurance needed shows that she should have 6.5 times her earnings. How much insurance should Alice have? (Show all work.)

Find the frequency of musical tone produced by organ pipe : You are studying standing sound waves in an organ pipe of length L with both ends open, What is the frequency of the musical tone produced by the organ pipe in the situation described in part b

Find the amount of the final sinking fund deposit : The total annual payments will be level at $3,300 until a final smaller annual payment suffices to pay off the loan. Find the amount of the final sinking fund deposit.

Sketch energy band diagram for a schottky barrier junction : For the conditions below, sketch the energy band diagram for a Schottky barrier junction (semiconductoris n-type). Include the Fermi and vacuum level,Fm, Fs, and label all features ofinterest.

Calculate the uniform annual cost : While the period of analysis is 5 years, the alternative only provides benefits for the last 3 years. Calculate the uniform annual cost.

User Account

All Pages