Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 1

Chapter 12 Taxes and Insurance

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 2

Tax Rate Schedule—Single

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 3

Tax Rate Schedule—Married Filing Separately

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 4

Tax Rate Schedule—Married Filing Jointly or Qualifying Widow(er)

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 5

Tax Rate Schedule—Head of Household

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 6

U.S. Individual Income Tax Return 1 of 2

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 7

U.S. Individual Income Tax Return 2 of 2

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 8

Interest and Ordinary Dividends for Form 1040A Filers

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 9

Annual Rates for Each $100 of Insurance

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 10

Liability (Bodily Injury) and Medical Insurance (Per Year)

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 11

Property Damage Insurance (Per Year)

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 12

Comprehensive and Collision Insurance (Per Year)

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 13

Uninsured Motorist Insurance (Per Year)

1 $662 $443 $764 $70

Territory Basic Limit

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 14

Youthful-Operator Factor

20 or less 1.55 1.75 21-25 1.15 1.40

Age Training Training With Driver’s Without Driver’s

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 15

Annual Premium Rates per $1000 of Life Insurance

Miller/Salzman/Clendenen, Business Mathematics, Eighth Edition © 2000 Addison Wesley Longman, Inc. All rights reserved. Chapter 12 Slide 16

Premium Factors

Semiannually .51 Quarterly .26 Monthly .0908

Mode of Payment Premium Factor