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    Sue and XXXXX XXXXX Are Assistant Professors at The Local University

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    Waqar Ahmad
    Sue and Tom are assistant professors who each earn $42,000 per year after taxes. They have two children, Mike aged 11 and Karen aged 9. If either Sue or Tom were to die, the remaining family would need 75% of the current combined income to maintain their standard of living as the children are dependent. An additional $400 per month would be required for childcare in a single-parent household. Survivors benefits would provide around $1,200 per month in child support.

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    Sue and XXXXX XXXXX Are Assistant Professors at The Local University

    Uploaded by

    Waqar Ahmad
    74 views1 page
    Sue and Tom are assistant professors who each earn $42,000 per year after taxes. They have two children, Mike aged 11 and Karen aged 9. If either Sue or Tom were to die, the remaining family would need 75% of the current combined income to maintain their standard of living as the children are dependent. An additional $400 per month would be required for childcare in a single-parent household. Survivors benefits would provide around $1,200 per month in child support.

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    Sue and XXXXX XXXXX Are Assistant Professors at the Local University

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    Sue and XXXXX XXXXX Are Assistant Professors at the Local University

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    Sue and Tom are assistant professors who each earn $42,000 per year after taxes. They have two children, Mike aged 11 and Karen aged 9. If either Sue or Tom were to die, the remaining family would need 75% of the current combined income to maintain their standard of living as the children are dependent. An additional $400 per month would be required for childcare in a single-parent household. Survivors benefits would provide around $1,200 per month in child support.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    74 views1 page

    Sue and XXXXX XXXXX Are Assistant Professors at The Local University

    Uploaded by

    Waqar Ahmad
    Sue and Tom are assistant professors who each earn $42,000 per year after taxes. They have two children, Mike aged 11 and Karen aged 9. If either Sue or Tom were to die, the remaining family would need 75% of the current combined income to maintain their standard of living as the children are dependent. An additional $400 per month would be required for childcare in a single-parent household. Survivors benefits would provide around $1,200 per month in child support.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Sue and XXXXX XXXXX are assistant professors at the local university.

    They each take home about $42,000 per year after


    taxes. Sue is 37 years of age, and Tom is 35. Their two children, Mike and Karen, are 11 and 9.
    Were either one to die, they estimate that the remaining family members would need about 75% of the present combined
    take-home pay to retain their current standard of living while the children are still dependent. This does not include an extra
    $400/month in child-care expenses that would be required in a single-parent household. They estimate that survivors'
    benefits would total about $1,200 per month in child support.

    If you need the solution for this or any other school / college / university assignment then just email me at
    waqar42@gmail.com. I will respond ASAP. Thank You

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