13. You have 25 years until retirement and your current annual income is $75,000. Using a marginal tax rate of 22% and an inflation rate of 3.5%, how much life insurance will you need to purchase using the "human life value approach? Your time value of money of 8.5%. Assume you want to replace 80% of your current income considering taxes and inflation O $1,073,493.61 O $1.225.325.67 $807.431.69 $963,343.12