You are a dual-income, no-kids family. You and your spouse havethe following debts (total): mortgage, $212,000; auto loan,$22,000; credit card balance, $16,000; other debts, $22,000.Further, you estimate that your funeral will cost $10,000. Yourspouse expects to continue to work after your death. Using the DINKmethod, what should be your need for life insurance? 

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The DINK method is a simple way to estimate how much life insurance coverage you and your spouse may ... View the full answer