Question: Paul Coronotto can purchase a $ 1 0 , 0 0 0 - per - year group health insurance policy through his employer. He could

Paul Coronotto can purchase a $10,000-per-year group health insurance policy through his employer. He could buy an equivalent plan on his own for $6,000 per year. Assuming a 24% tax rate, what is the taxable equivalent of the individual insurance?
Select answer from the options below
($10,000\times 0.24)+ $6,000
$10,000-: (10.24)
($6,000\times 0.24)+ $6,000
$6,000-: (10.24)

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