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10. Your annual family expenses are $98,000 annually. You figured that you need to provided for your family for 23 years. An investment would yield
10. Your annual family expenses are $98,000 annually. You figured that you need to provided for your family for 23 years. An investment would yield 8% per year. You would also like to have $250.000 set aside to educate your 2 youngest children. Your current savings is $55,000. You currently earn $110,000 annually after taxes). How much life insurance do you need using the Budget method? 10. Your annual family expenses are $98,000 annually. You figured that you need to provided for your family for 23 years. An investment would yield 8% per year. You would also like to have $250.000 set aside to educate your 2 youngest children. Your current savings is $55,000. You currently earn $110,000 annually after taxes). How much life insurance do you need using the Budget method
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