a) Rhonda Golds life insurance coverage, through her employers group plan is two times her annual salary of $30,000. Her employer pays the insurer 100%
a) Rhonda Golds life insurance coverage, through her employers group plan is two times her annual salary of $30,000. Her employer pays the insurer 100% of the cost of her life insurance coverage at a premium rate of $ 1.00 per $1,000.00 of coverage per month. Rhonda is paid on weekly basis. Calculate her taxable benefit per pay period.
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Authors: Robert F. Meigs, Jan R. Williams, Susan F Haka, Mark S. Bettner
International 11th Edition
007115809X, 978-0071158091
