Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 02, 2024

Using the nonworking spouse method, what should be the life insurance need for a family whose youngest child is 12 years old? Multiple Choice A.

Using the "nonworking" spouse method, what should be the life insurance need for a family whose youngest child is 12 years old?

Multiple Choice

A. $30,000

B. $50,000

C. $60,000

D. $100,000

E. $120,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Financial Management

Authors: Sudanshu Pandeya

1st Edition

1774695316, 978-1774695319

More Books

Students also viewed these Finance questions

Question

★★★★★

A building contractor has decided to purchase a load of factory-reject aluminum siding as long as the average number of flaws per piece of siding in a sample of size 35 from the factory's reject pile...

Answered: 1 week ago

Question

★★★★★

Butane is combustible. Therefore, it burns. Identify the fallacies of presumption, ambiguity, and illicit transference committed by the following arguments, giving a brief explanation for your...

Answered: 1 week ago

Question

★★★★★

=+7.2 As shown on p. 94, there is probability 1 that the gambler either achieves his goal of c or is ruined. For p +q, deduce this directly from the strong law of large numbers. Deduce it (for all p)...

Answered: 1 week ago

Question

★★★★★

On December 31, 2014, Ling Co. estimated that 2% of its net sales of $450,000 will become uncollectible. The company recorded this amount as an addition to Allowance for Doubtful Accounts. On May 11,...

Answered: 1 week ago

Question

★★★★★

20. Allure Company manufactures and distributes two products, M and XY. Overhead costs are currently allocated using the number of units produced as the allocation base. The controller has...

Answered: 1 week ago

Question

★★★★★

What is going concern assumption? Are auditors required toevaluate the likelihood of a client remaining a going concern as apart of each audit? What types of conditions and factors shouldauditors c 2...

Answered: 1 week ago

Question

★★★★★

In a local boutique, you intend to buy a handbag with an original price of $38, a jacket with an original price of $189, and a scarf with an original price of $23. Currently, the store is running a...

Answered: 1 week ago

Question

★★★★★

Please use the following information to answer the next question: A US firm's Accounts Payables (in UK) due in 1 year GBP 5,000,000 Current Spot rate for GBP is $2.00 Annual interest rate in US is 5%...

Answered: 1 week ago

Question

★★★★★

Epsilon inc. has just paid a dividend of $3 per share, and it is expected to pay a dividend of $3.15 per share in one year's time. Assuming that required return is 13% and the dividend growth will...

Answered: 1 week ago

Question

★★★★★

FAR 9.104-5 certification regarding responsibility matters is a DOD federal Acquisition Regulation that addresses the purchasing and disposition of items that are nonconforming. Explain.

Answered: 1 week ago

Question

★★★★★

Bob Martino has a checking account with a local bank. Under SEC independence rules, which condition would allow him to work on the firm's audit of the bank? The amount of money in his account is not...

Answered: 1 week ago

Question

★★★★★

C Does avoiding saying (or printing) the word give it more or less power?

Answered: 1 week ago

Question

★★★★★

A What meaning does the N-word carry for you? Does it seem appropriate to use it in a scholarly discussion? How do you feel about its being printed (or not printed) in this textbook?

Answered: 1 week ago

Question

★★★★★

What are your personal thoughts on sex, gender, and language? Do you think men and women speak different languages, or do you feel that we all speak more similarly than differently? How do your...

Answered: 1 week ago

Previous Question Next Question