1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vazorg [7]
3 years ago
13

Stephanie is the wage earner in a "typical family" with $36,000 gross annual income. Use the easy method to determine how much i

nsurance she should carry. Stephanie is the wage earner in a "typical family" with $36,000 gross annual income. Use the easy method to determine how much insurance she should carry.m/search?
Business
2 answers:
Pie3 years ago
7 0

Answer:

$176,400

Explanation:

Annual gross income = $36,000

To determine Stephanie's insurance need, we need to multiply the gross income by a factor of 0.70, then multiply by 7 years.

Therefore,

Insurance need = Income x 0.70 x 7

= $36,000 x 0.70 x 7

= $176,400

MA_775_DIABLO [31]3 years ago
6 0

Answer:

$176,400

Explanation:

Life insurance need = 0.70 × Salary amount × 7

= 0.70 × $36,000 × 7

= $176,400

Therefore using the easy method the amountof insurance that Stephanie should carry is $176,400

You might be interested in
How does a bond sale by the fed affect the money supply?
kumpel [21]
A bond sale is a debt investment that is given by an investor to a particular corporate or governmental entity and is payable over a period of time at a variable or a fixed interest rate. It can affect the money supply, or the money of the country, because it encourages debtors to keep loaning from the government to finance their personal interests.
4 0
3 years ago
Read 2 more answers
The following are the transactions of Spotlighter, Inc., for the month of January:
coldgirl [10]

Answer:

Spotlighter, Inc.

Cash

Account Titles     Debit    Credit

Beginning balance $0

Notes Payable   $4,740

Common stock $5,430

Equipment                      $1,000

Supplies                          $1,100

Ending balance             $8,070

Notes Payable

Account Titles     Debit    Credit

Beginning balance $0

Cash                               $4,740

Equipment                        1,600

Ending balance  $6,340

Common stock

Account Titles     Debit    Credit

Beginning balance               $0

Cash                              $5,430

Equipment

Account Titles     Debit    Credit

Beginning balance $0

Cash                 $1,000

Notes Payable $1,600

Ending balance            $2,600

Supplies

Account Titles         Debit    Credit

Beginning balance $0

Cash                       $1,100

Accounts Payable $1,500

Ending balance                   $2,600

Accounts Payable

Account Titles     Debit    Credit

Beginning balance              $0

Supplies                        $1,500

Ending Balance $1,500

Explanation:

1) Data and Transaction Analysis:

a. Cash $4,740 Notes Payable $4,740

b. Cash $5,430 Common stock $5,430

c. Equipment $2,600 Cash $1,000 Notes Payable $1,600

d. Supplies $1,100 Cash $1,100

e. Supplies $1,500 Accounts Payable $1,500

6 0
3 years ago
5) name 5 reasonable possibilities to earn money online.​
Slav-nsk [51]
Advertisement, drop shipping, making a website, affiliate marketing,blog
5 0
3 years ago
Wildhorse Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total
tangare [24]

Answer:

Variable cost per unit= $1.4 per unit

Explanation:

Giving the following information:

Miles Driven Total Cost Miles Driven Total Cost

January: 8,000 $14,120

March: 8,550 $14,979

February: 7,490 $13,495

April: 8,195 $14,490

To calculate the variable cost under the high-low method, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (14,979 - 13,495) / (8,550 - 7,490)

Variable cost per unit= $1.4 per unit

7 0
3 years ago
Résumés should include the following:
chubhunter [2.5K]

Answer:

true

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • ​Jessica's job as the director of the humane shelter is exhausting and can be heartbreaking at​ times, but she loves her job bec
    7·1 answer
  • On July 1, 2020, Marigold Corp. pays $13,200 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fiscal
    6·1 answer
  • The economy is in a recession and the government wants to increase output. If the multiplier equals 3 and the government increas
    10·1 answer
  • \On January 1, year 4, Purl Corp. purchased, as a long‐term investment, $500,000 face value Shaw, Inc. 8% bonds for $456,200. Th
    7·1 answer
  • The resources owned by firms that shut down in the process of creative destruction:
    6·1 answer
  • Scott Walker Company reported the following data for the past​ year: Net sales ​$460,000 Purchases ​$230,000 Beginning Inventory
    5·2 answers
  • Lets talk for a brain bro
    10·1 answer
  • 4. Suppose an 802.11b station is configured to always reserve the channel with the RTS/CTS sequence. Suppose this station sudden
    10·1 answer
  • What is the primary product focus for the lego company? select one: a. custom sculpture b. recycled plastic c. electronic device
    6·1 answer
  • Place the steps for finding the EOQ in a quantity discount model with variable H in the correct order.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!