Please refer to the following Case 'B' for Questions Q38 to 240 Case 'B' Vincent, aged 35, is working in an accountancy firm in Country A. His estimated average life time annual salary is $800,000 which is subject to 15% tax rate. Out of his average annually salary, he estimates that 25% will be used for self-maintenance and 8% for life insurance premium. The remaining amount is used to support his family. He plans to retire at the age of 65. Assume the discount rate is 5% p.a., apply the Human Life Value Approach to estimate the current value of Vincent's life to his family. What is Vincent's average annual income to support his family? O a. $616,000 O b. $416,000 O c. $536,000 O d. $480,000 What is the closest present value of the annuity factor per dollar? O a. 15.37 O b. 13.28 O c. 17.54 O d. 19.61 What is the closest Human Life Value of Vincent? O a. $7,189,480 O b. $9,412,800 O c. $6,393,920 O d. $8,401,440