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Aloiza [94]
3 years ago
6

You are a dual income, no kids family. You and your spouse have the following debts (total): mortgage, $350,000; auto loan, $18,

600; credit card balance, $5,200; and other debts of $9,800. Further, you estimate that your funeral will cost $10,400. Your spouse expects to continue to work after your death. Using the DINK method, what is your life insurance need?
$394,000
$10,400
$202,200
$404,400
$191,800
Business
1 answer:
Stells [14]3 years ago
8 0

Answer:

$202,200

Explanation:

DINK (double-income no kids): It suggest to add half all the marriage debt to the funeral expenses:

To the funeral expenses you will add half of the debts:

350,000 / 2 =  175,000 for mortgage

  18,600 / 2 =     9, 300 for atomobile loan

   5,200 / 2 =     2,600 for credit card debt

   9,800 / 2 =     4, 900 other debt

funeral exp   <u>   10, 400   </u>

<em>insurance:      202,200</em>

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Answer:

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Explanation:

<em>Rune Co.'s</em>

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3 years ago
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Considering the functions and operations of the organizations, The NYSE is an example of a(n) <u>Organized</u> exchange while NASDAQ is an example of a(an) <u>Over the Counter</u> market.

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3 years ago
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Explanation:

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6 0
2 years ago
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Answer:

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Answer:

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