Question: Question 3 1 pts Sarah is using the needs approach to determine how much life insurance to buy. Her cash needs are $30.000; her income

Question 3 1 pts Sarah is using the needs approach to determine how much life insurance to buy. Her cash needs are $30.000; her income needs are $140,000; and special needs are $100.000. Sarah has the following assets: $20.000 in bank accounts, $30,000 in retirement plans, and $40,000 in investment accounts. Sarah owns no individual life insurance. She is covered by a $50,000 group life insurance policy through her employer. Based on this information, how much additional life insurance should Sarah purchase? $80.000 O $130.000 O $150.000 $160.000

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