Question: How much would you receive with replacement cost coverage for a four-year-old sofa destroyed by fire? The sofa would cost $825 to replace today, whereas

 How much would you receive with replacement cost coverage for a
four-year-old sofa destroyed by fire? The sofa would cost $825 to replace
today, whereas it cost $800 four years ago and had an estimated

How much would you receive with replacement cost coverage for a four-year-old sofa destroyed by fire? The sofa would cost $825 to replace today, whereas it cost $800 four years ago and had an estimated life of 8 years. Your Answer: Answer Question 37 ( 0.5 points) What would it cost an insurance company to replace a family's personal property that originally cost $21000 ? The replacement costs for the items have increased 6%. Your Answer: Your employer provides a 401(k) plan with a matching contribution of 5% of your salary if you put in at least 5% of your salary. If your monthly salary is $3500, then how much must you contribute to your retirement account each month in order to receive the the matching contribution from your employer? Your Answer: Answer Question 39 ( 0.5 points) You have saved $83,000 in a 401(k) account at retirement. What is the minimum annual rate of return would allow you to withdraw $10,000 each year forever without reducing your account value? Your employer provides a 401(k) plan with a matching contribution of 7% of your salary if you put in at least 5% of your salary. If your monthly salary is $3600 and you contribute just enough to get the match, then how much money will be added to your account in total over one year? Your

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