14. PLEASE SHOW WORK. THANKS! Hank becomes ill and must be off from work...
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14. PLEASE SHOW WORK. THANKS!
Hank becomes ill and must be off from work for 20 weeks. His take-home (net) pay is $500 a week. The disability insurance coverage replaces 70% of his earnings after a 4-week waiting period. If he is off work for the full 20 weeks, what will he receive each week in disability benefits from this policy?
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