Georgette Valentine has expensive photography equipment for use in her hobby. Which one of the following types of coverage would pay for damage or theft of this equipment?

Question 13 options:

A)	Coinsurance floater

B)	Additional living expense coverage

C)	Personal property floater

D)	Umbrella policy

E)	Personal liability

Joan Sanchez is single and earns $40,000 in taxable income. She uses the following tax rate schedule to calculate the taxes she owes.

Up to $9,275	10%
$9,275 $37,650	15%
$37,650 $91,150	25%
$91,150 $190,150	28%

What is Joan's marginal tax rate?

Question 14 options:

A)	between 10% and 15%

B)

10%

C)

15%

D)

25%

E)

28%

Kim Ye is single and earns $40,000 in taxable income. He uses the following tax rate schedule to calculate the taxes he owes.

Up to $9,275	10%
$9,275 - $37,650	15%
$37,650 - $91,150	25%
$91,150 - $190,150	28%

Calculate the dollar amount of estimated taxes that Kim owes.

Question 15 options:

A)	$10,000.00

B)	$11,200.25

C)

$6,000.00

D)

$5,771.25

E)

$4,000.00

An umbrella policy is designed to cover:

Question 16 options:

A)	property when traveling away from home.

B)	expensive personal property.

C)	major personal liability claims.

D)	additional buildings on your property.

E)	flood damage.