You have take home pay of $600 a week. Your disability insurance coverage replaces 80% of your earnings after a four-week waiting period. What amount would you receive in disability benefits if an illness keeps you from work for 15 weeks?
You have take home pay of $600 a week. Your disability insurance coverage replaces 80% of your earnings after a four-week waiting period. What amount would you receive in disability benefits if an illness keeps you from work for 15 weeks?
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 43P
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Transcribed Image Text:You have take home pay of $600 a week. Your disability insurance coverage replaces
80% of your earnings after a four-week waiting period. What amount would you
receive in disability benefits if an illness keeps you from work for 15 weeks?
Your Answer:
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