Question: Under the Human Life Value method, how much life insurance coverage does a 40-year old male need if he expects to work to age 67,

  1. Under the Human Life Value method, how much life insurance coverage does a 40-year old male need if he expects to work to age 67, his expected average annual income is $125,000 per year, the familys share of his income is 70% and the expected after-tax investment rate of return is 5.5%?

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