Answer:
a) $200,000 to Jack
Explanation:
Data provided in the question
Life insurance policy amount of Marilyn Simms = $200,000
The primary beneficiary = Jack
The contingent beneficiaries = Their children
Now, the distribution of the policy could be taken by only Jack as he is her husband plus he is also a primary benefit of her life insurance policy,
So, the whole amount i.e $200,000 is distributed to Jack
Answer:
A) $24,602
Explanation:
We can solve this question by finding the periodic deposits needed by using the formula:
where:
FV= future value = $220,000
PMT = periodic deposits required = ???
i = effective interest rate per period = 0.0331
n= number of deposits = 8
However, since the interest is compounded monthly, let's also calculate the effective interest rate
Effective interest rate = 
where; r = 12.5% = 0.125
= 0.1324
Interest rate per period = 
= 0.0331
Then;
220,000 = PMT × 8.986
PMT = 
PMT = $ 24,482.5
Since A) $24,602 is closer to $ 24,482.5
Therefore, $ $24,602 must be deposited every three months
<span>Changes in taxes first cause changes in
disposable income, and thus the government tax multiplier is
smaller than the government spending multiplier.
Spending multiplier, which is also called fiscal multiplier shows or represent the multiple by which GDP increments or declines because of an expansion and reduction in government uses and venture.
</span>
Tax multiplier<span> refers to the
multiple by which GDP increments or declines because of an expansion and
reduction in taxes that are charged by governments.The two types of tax
multiplier are, simple tax multiplier and complex type multiplier.</span>
<span>B. A felt layer underneath the tablecloth i hope this help you</span>
Direct Material Cost Per Square Foot= 8+.1= 8.1 per square foot.
