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Adriana is financially responsible for her aged parents. She wants to provide income for her parents for 15 years should she die. Adriana earns $80,000
Adriana is financially responsible for her aged parents. She wants to provide income for her parents for 15 years should she die. Adriana earns $80,000 after taxes . If the insurance funds could be invested at 4 percent after taxes and inflation, how much life insurance does Adriana need using the needs-based approach? The appropriate interest / present value factor is 11.9
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