Question: Using the Human Life Value Method, how much life insurance does Carl need?Family Share of Earnings$ 7 3 , 3 1 2 Current Age 5

Using the Human Life Value Method, how much life insurance does Carl need?Family Share of Earnings$73,312Current Age50Retirement Age67Rate of Return7%Inflation3%Final Expenses and Debt Payments$50,000Group of answer choicesApprox. $1.5 MillionApprox. $900,000Approx. $1 MillionApprox. $850,000

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