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Kennedi Stapleton, a widow, has take-home pay of $5,100 a month. Her disability insurance coverage replaces 70 percent of her earnings after a 90-day (3-month)
Kennedi Stapleton, a widow, has take-home pay of $5,100 a month. Her disability insurance coverage replaces 70 percent of her earnings after a 90-day (3-month) waiting period.
a. What amount would she receive in disability benefits if an illness kept Kennedi off work for 270 days (9 months)? (Omit the "$" sign in your response.) Disability benefits $
b. What if her disability started when she was age 30 and was severe enough that it lasted until she was 60 years old? (Omit the "$" sign in your response.) Disability benefits $
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