Question: d. The human life value is one method for estimating the amount of life insurance to own. Keeping all other factors unchanged, explain the effect

d. The human life value is one method for estimating the

d. The human life value is one method for estimating the amount of life insurance to own. Keeping all other factors unchanged, explain the effect on the amount of life insurance to own, if any, of each of the following: i. The discount rate used to calculate the human life value is decreased. ii. The amount of average annual income going to the family is decreased

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