Sally brings home $50,000 a year to help provide financial support to her family, comprised of her husband and two children
She is considering purchasing life insurance. Using the earnings multiple approach, how much coverage should she purchase using a discount rate of 5% to replace 10 years of earnings.
A) $500,000
B) $386,000
C) $340,005
D) $301,148
Answer: B
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The total amount of simple interest calculated annually on a $6,000 note payable for 3 years at 11% is
a. $1,980 b. $2,205 c. $6,600 d. $7,980
Private health care organizations follow ________ standards while governmentally owned health care organizations follow ________ standards.
A. FASB; GASB. B. GASB; FASAB. C. GASB; FASB. D. FASB; FASAB.
Zelda realizes that writing a solicitation for a charity project to a small business owner must be different than a request to a representative from a major corporation. Which audience characteristic is Zelda most apt to be considering?
a. age b. economic level c. educational background d. culture
A good way for an applicant to make a positive first impression is by arriving for an interview appointment at least:
A. five minutes after the scheduled time. B. twenty minutes after the scheduled time. C. one hour before the scheduled time. D. ten minutes before the scheduled time.