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answer all You have a spouse, two children, one grandchild, and a living father. If you died without a valid w person(s) most likely to

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You have a spouse, two children, one grandchild, and a living father. If you died without a valid w person(s) most likely to receive the proceeds of your state would be your a) Children and grandchildren b) Spouse c) Father, children, and grandchildren d) Spouse and children 10. Adjustments to cross income a) Are subtracted from gross income. b) Help one qualify for other deductions c) Can be taken even if one takes the standard deduction d) All of these 11. Jason Jason and Larissa would like to accumulate three times their monthly expenses in monetary assets. They currently have 52.800 in their money market account, and their monthly expenses are $4.500. How much more do they need in their money market account to reach their goal? a) $13.500 b) $3.900 c) S10,700 d) $1,700 12. Jay earned $70.000. If the total social security tax rate is 15.35 then how much was his total social securty tax of this, how much did his employer pay in social security taxes for Jay? a) $4,500: 50 b) $10,710; 5,355 c) 55,355; $10,710 d) $10,710; 54,350 13. How much would a yearly Social Security survivor's benefits of 532,700 be worth to you if paid till your youngest son who is 3, turns 18? Assuming a rate of return of 4 percent. a) $490,500 b) $363.571 c) S199,690 d) $104,690 14. The real rate of return on a taxable investment yielding 16 percent annually is 9.6 percent. What would you say is the investor's marginal tax rate, if inflation were 3.2 percent? a) 17.00 percent b) 20.00 percent c) 12.40 percent

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