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78 0.22 points eBook 4 Print References Problem 12-9 Estimating Life Insurance Needs Using the DINK Method [LO12-2] You are a dual-income, no-kids family. You

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78 0.22 points eBook 4 Print References Problem 12-9 Estimating Life Insurance Needs Using the DINK Method [LO12-2] You are a dual-income, no-kids family. You and your spouse have the following debts: Mortgage = $264,000; Auto loan = $15,000; Credit card balance = $2,070; and other debts = $6,490. Further, you estimate that your funeral will cost $7,500. Your spouse expects to continue to work after your death. Using the DINK method, what should be your need for life insurance? Total insurance need

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