1. Andrew is a single elementary school teacher with no dependents. He owns a home worth $156,000 on which he owes $135,000. He has a 3-year old car valued at $12,500 on which he owes $8,000. He has about $3,500 remaining on his student loans. His retirement account has grown to $7,800, and he owns stock valued at $4,400. He has no life insurance and is considering buying some. Should he buy life insurance? If so, how much