Question: Q5. Death benefit calculation. SHOW YOUR WORK The guaranteed amount of Harry's segregated fund is $100,000. His wife is the plan's beneficiary. Harry passes away

 Q5. Death benefit calculation. SHOW YOUR WORK The guaranteed amount of

Q5. Death benefit calculation. SHOW YOUR WORK The guaranteed amount of Harry's segregated fund is $100,000. His wife is the plan's beneficiary. Harry passes away two years later. What would his wife receive in the following cases? a) b) If the plan was worth $125,000 at the time of Harry's death, what is the death benefit payout? If the plan was worth $60,000 at the time of Harry's death, what is the death benefit payout? If the plan was worth $100,000 at the time of Harry's death, what is the death benefit payout? c)

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