Mathematics, 21.01.2021 05:50 kait93
Florence is 45 years old, and she makes $65,000 per year. If Florence were to
die, how much would the beneficiaries of her life insurance policy receive if
they can get by on 60% of her income?
Current Gross Earnings
$ 7,500
9.000
15.000
23.500
30,000
40.000
MULTIPLES-OF-SALARY CHART
Current Age
25 Years 35 Years 45 Years
75% 60% 75% 60% 75% 60%
40 3.0 55 4.0 7.5 5.5
4,0 3.0 55 4.0 7.5 55
45 3.0 65 4.5
6.0
6.5 4.5 8.0 5.5 8.5 6.5
7.5 5.0 8.0 6.0 8.5 6.5
7.5 5.0 8.0 6.0 8.0 6.0
7.5 5.5 7.5 5.0 7.5 6.0
80
55 Years
75% 60%
6.5 4.5
6.5 45
70 5.5
7.5 5.5
70 5.5
70 5.5
6.5 5.0
6
5 5
6
65.000
5
O A. $390,000
O B. $240,000
O C. $140,000
O D. $440,000
Answers: 1
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Florence is 45 years old, and she makes $65,000 per year. If Florence were to
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