Answer:
$130,000
Explanation:
For determining the additional life insurance required first we need to follow some steps which are shown below:-
Step 1
Total needs = Cash needs + Income needs + Special needs
= $30,000 + $140,000 + $100,000
= $270,000
Step 2
Total assets held = Bank accounts + Retirement plans + Investment accounts
= $20,000 + $30,000 + $40,000
= $90,000
Step 3
Total amount of life = $270,000 - $90,000
= $180,000
and finally
Additional life insurance required =
The Total amount of life - Life insurance provided by the employer
= $180,000 - $50,000
= $130,000
The tax bill amount after deductions is $3,364.73
<h3>What is the tax bill?</h3>
how much tax a person or business is required to pay within a specific time frame: Couples making over $234,000 and individuals making over $159,000 will pay up to an additional $110 for each person included on their state tax return.
<h3>
What does "bill amount" mean?</h3>
The term "Bill Amount" refers to the total amount owed, including any current fees and any past-due amounts, plus or minus any changes.
<h3>To what extent do deductions lower taxes?</h3>
Your taxable income is decreased by deductions by the percentage of your highest tax rate. If your tax rate is 24 percent, for instance, a $1,000 deduction will result in a $240 tax bill savings (1,000 multiplied by 0.24 equals 240). When it comes to deductions, you can only choose between the standard deduction and itemizing.
learn more about tax bill amount here <u>brainly.com/question/1775528</u>
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Answer:
True movies is pursuing an integration strategy.
Explanation:
"Integrated marketing is the process of delivering a consistent and relevant content experience to your audience across all channels. [...] The ultimate goal of integrated marketing is a consistent, customer-centred experience that delivers results for your brand."
Reference: NewsCred. “What Is Integrated Marketing?” Insights, 7 Oct. 2019
Answer:
The amount after 2 years will be $460590
Explanation:
The payment which is done 2 year from today = $200000
The payment which is done one year from today = $150000
Rate of interest = 3 %
So the amount after 1 year
The amount which is done today = $100000
So amount after 2 years
So total amount after 2 years = $106090+$154500+$200000 = $460590
