subject
Mathematics, 08.02.2021 20:20 jojoangelique13

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

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Answers: 2

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