Harry earns $92 000 per annum and has $67 000 in superannuation. He does not currently have

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Harry earns $92 000 per annum and has $67 000 in superannuation. He does not currently have any life insurance. Using the multiple approach, calculate Harry's sum insured based on an investment rate of 4%.

The country is Australia

Related Book For answer-question

Management and Cost Accounting

ISBN: 978-1408093887

8th edition

Authors: Colin Drury

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Posted Date: May 05, 2023 08:01 AM

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Harry earns $92 000 per annum and has $67 000 in superannuation. He does not currently have

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In Australia the common rule of thumb is to have life insurance cove... View the full answer

Management and Cost Accounting

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