Amount of Insurance Needed. Marty and Mary have jobs and contribute to the housohold expenses according fo their incone Marty coalributes 75% of the eipenses and Mary Contributes 25%. Currently, their household expenses are $33,300 annualy. Marfy and Mary have three children. The youngest child is 12 so they would the to ansure that they co maintain their cumrent standard of fiving for at least the next eight years. They feel that the insurance proceeds could be invested at 5% in addison lo covering the annual expenises they would like to make-sure that each of their children has $30,000 avalable for college. If Marty were fo die, Mary would go basck to school part tirme to upgrade her training as a nurbe. This would cost $35,000. They have a mortgage on their home wath a balance of $96,989. How much life insurance should they purchase for Marty? The amount of hife insurance they should purchase for Marty is 1 (Round to the nearest dollar) Amount of Insurance Needed. Marty and Mary have jobs and contribute to the housohold expenses according fo their incone Marty coalributes 75% of the eipenses and Mary Contributes 25%. Currently, their household expenses are $33,300 annualy. Marfy and Mary have three children. The youngest child is 12 so they would the to ansure that they co maintain their cumrent standard of fiving for at least the next eight years. They feel that the insurance proceeds could be invested at 5% in addison lo covering the annual expenises they would like to make-sure that each of their children has $30,000 avalable for college. If Marty were fo die, Mary would go basck to school part tirme to upgrade her training as a nurbe. This would cost $35,000. They have a mortgage on their home wath a balance of $96,989. How much life insurance should they purchase for Marty? The amount of hife insurance they should purchase for Marty is 1 (Round to the nearest dollar)