[The following information applies to questions 90 and 91.]   You have just had an emergency craniotomy. Your health insurance has the following figures: Monthly premium: $250 Annual Deductible: $500 Coinsurance: 70/30 Maximum annual co-payment: $1500   Medical Costs incurred                Craniotomy                      $1,700 Hospital room                 $350 per day for 4 days Physician                            $750 Medicines                          $400

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Automobile Insurance

Which portion of auto insurance most frequently pays for damage to your car when it crashes with another vehicle?

Sylvester is the primary bread-winner for his family of one wife and eleven children. He has a gross monthly income of $2,600. His monthly net income is 80% of his gross monthly income. He does not want credit debt payments to exceed 10% of his net income. What can be Sylvester’s maximum monthly payment on credit debt?

True or false. If your employer does not withhold sufficient taxes from your paycheck, you could pay a penalty to the IRS.

Casey borrows $8,000 to buy a car. The annual interest rate of the car loan is 7.75%. It is a 48-month loan. The bank tells him that his monthly payment (at the end of each month) is $_________. He wants to pay off the loan quicker, so he decides to make a payment of $250 each month (starting at the end of the first month). How long will it take Casey to pay off the loan (in months)?

Homeowners/Renters Insurance

Which tax credit would yield the greatest financial benefit to a married BYU student earning $19,400 per year with three children?

Regardless of your answer in the previous question, assume the Monsoons have an AGI of $60,000. In 2018, the Monsoons also paid $10,000 in tithing, donated $100 worth of household goods to Deseret Industries and had medical expenses of $5,000. They also paid state income taxes of $4,000, local income taxes of $2,000, property taxes of $5,000, and mortgage interest of $4,000. Calculate the Monsoons’ 2018 taxable income.