Question: 1 8 . Using the income method, determine the amount of insurance an individual would need, if their net income is $ 1 6 7

18. Using the income method, determine the amount of insurance an individual would need, if their net income is $167,000 and they want to provide for their family members for at least 30 years. Their assets total $180,000, their liabilities total $250,000, their two children's anticipated college education needs total $350,000, and their invalid mother's future nursing home expenses total $390,000.

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