Question: 3 (1 point) Listen Using the Desired Income method, how much insurance would be needed if you want to provide your survivors with a real

3 (1 point) Listen Using the "Desired Income" method, how much insurance would be needed if you want to provide your survivors with a real annual income of $55,000 at the beginning of each year? (Assume a before-tax rate of 7%, a marginal tax rate of 22%, and annual inflation rate of 3% per year.) 2,535,620 1,007,326 2,301,255 1,833,333

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