3)

Shaan and Anita are married and have two children, ages 9 and 15. Anita is a nonworking spouse who devotes all of her time to household activities. Estimate how much life insurance Shaan and Anita should carry.

Insurance need

$

4)

Your variable annuity charges administrative fees at an annual rate of 0.19 percent of account value. Your average account value during the year is $104,000. What is the administrative fee for the year? (Round your answer to the nearest whole dollar.)

Annual administrative fee

$