What are the five general methods for estimating the amount of life insurance that the Lawrences need?
Question:
What are the five general methods for estimating the amount of life insurance that the Lawrences need?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
Simple as the easy method is it is remarkably useful It is based on the rule of thumb that a typical ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Personal Finance
ISBN: 978-0077861643
11th edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
Question Posted:
Students also viewed these Corporate Finance questions
-
a. The human life value is one method for estimating the amount of life insurance to own. Keeping all other factors unchanged explain the effect, if any, of each of the following: 1. The discount...
-
What are the five general categories of intangible assets ?
-
What are the five general rules for calculating FCF?
-
XY is a pharmaceutical company with the head-quarter in the United States. However, its cash flow depends only on sales in Japan. It receives a cash flow of Yen 20 billion with certainty in t=1. The...
-
Add curved arrows to the mechanism shown in Problem 5.32 to indicate the electron movement in each step.
-
If you are not familiar with priceline.com, go to its Web site. Assume that an individual bids $50 on priceline.com for a room in Dallas, Texas, on August 24. Assume that August 24 is a Saturday,...
-
On December 31, 2018, Edmand, Inc., issued \(\$ 750,000\) of 11 percent, five-year bonds for \(\$ 722,400\), yielding an effective interest rate of 12 percent. Semiannual interest is payable on June...
-
On Monday mornings, the First National Bank only has one teller window open for deposits and withdrawals. Experience has shown that the average number of arriving customers in a four-minute interval...
-
https://hbr.org/2002/09/crucibles-of-leadership In your discussion posting, please create a PowerPoint presentation about this article and key points forsomeone who knows nothing about leadership....
-
Bobcat Company, U.S.-based manufacturer of industrial equipment, just purchased a Korean company that produces plastic nuts and bolts for heavy equipment. The purchase price was Won7,500 million....
-
1. In your opinion, do Jeff and Ann need additional insurance? Why or why not? 2. What type of policy would you suggest for Jeff and Ann? Why?
-
What are the two types of life insurance companies?
-
1. With ABC, overhead costs should be traced to which cost object first? a. Units of product b. Activities c. Departments d. Product lines 2. When using departmental overhead rates, which of the...
-
One of the most common complaints heard about American businesses is the tendency to outsource jobs, especially manufacturing jobs, overseas to so-called "sweat shops," where employees work longer...
-
On October 1, Inez hired Custom Builders Inc. of Fredericton, NB to build her a house. Inez agreed to pay $400,000 to Custom Builders and Custom Builders agreed to complete the house by January 1 of...
-
If you flip three fair coins, what is the probability that you'll get a head on the first flip, a tail on the second flip, and another head on the third flip?
-
Businesses, both large and small, often fail in spectacular ways. The seeds of this failure is often sown many years in the past, yet businesses fail to see it coming. Discuss the signs that failure...
-
Solving Application Symphony Orchestras on Strike The rarified world of classical music is often perceived as calm, even staid, and above the hassles of the workaday world. But with the cost of...
-
1. Given the information provided here, what are the advantages to Logan of establishing the firm in the United Kingdom? 2.
-
Classify each of the following as direct costs or indirect costs of operating the Pediatrics ward for children at the Cleveland Clinic: a. Wi-Fi covering the entire hospital campus b. Net cost of...
-
If Carissa Dalton has a $260,000 home insured for $200,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a claim of $10,000? Assume there is no...
-
What would it cost an insurance company to replace a familys personal property that originally cost $40,000? The replacement costs for the items have increased 15 percent.
-
What amount would a person with actual cash value coverage receive for two-year old furniture destroyed by a fire? The furniture would cost $2,000 to replace today and had an estimated life of five...
-
16: Assume that we use a dividend growth model to value 'the world stock market'. If the 'world's' dividend yield is 3% per annum and the growth rate is around 3% per annum, what change in the world...
-
FJ LLC is considering a project requiring an initial investment of $ 7 5 million and which expects $ 7 million in annual free cash flows starting from next year till forever. The firm continuously...
-
For the fiscal year 2022, ABC Corporation had a net profit margin of 3%, an asset turnover of 3.62, and a book equity multiplier of 2.45. If ABC's managers wanted to increase its ROE by one...
Study smarter with the SolutionInn App