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Patrick's Monthly Take-Home Pay Is $5,000

Question 7

Multiple Choice

Patrick's monthly take-home pay is $5,000. His net worth is $125,000. He estimated that he would receive Social Security benefits worth $1,000 and company disability benefits worth $2,000 if he becomes disabled. The additional amount of disability benefits that he needs to arrange for is:


A) $3,000.
B) $2,000.
C) $5,000.
D) $6,000.
E) $7,000.

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