Alice is 40 years old and earns $35,000 a year. The multiple income approach to determine the
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Alice is 40 years old and earns $35,000 a year. The multiple income approach to determine the amount of life insurance needed shows that she should have 6.5 times her income. How much insurance should Alicia have? (Show all work.)
Related Book For
Personal Financial Planning
ISBN: 978-1305636613
14th edition
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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