Question

Florence is 45 years old, and she makes $65,000 per year. if florence were to die, how much would the beneficiaries of her life insurance policy receive if they can get by on 60% of her income?

Answer 1

Answer: she would receive 39,000 and that is 60% of her incomeExplanation: Now as you can she is making 65,000 per year. So you multiply 65,000 with 60/100. You make 60% into 60/100 because it's a percent and a decimal. Like I was saying if you multiply 65,000 with 60/100 you will get 39,000 which is 60% of her tax income

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