Calculate how much life insurance is needed for Jessica to generate an annuity (use the data from the "Info Sheet"). Info Sheet provided and includes section Q2 and Q3

Q2 Annuity Discount Rate Years $7,500.005.50%30 Q3 Final-expense needs % of Income Jessica's Salary Income-replacement need - interest factor Readjustment-period needs Debt-repayment needs College-expense needs Other special needs Government benefits - Social security survivor's benefits Government benefits - monthly benefit Government benefits - interest factor Current insurance assets $12,500.00 75.00% $58,500.00 19.6004 $18,000.00 $11,000.00 $75,000.00 $0.00 $2,725.00 12 11.9379 $100,000.00 Application Time! Calculate how much life insurance is needed for Jessica to generate an annuity (use the data from the "Info Sheet"). Q2 Annuity Discount Rate Years $7,500.005.50%30 Q3 Final-expense needs % of Income Jessica's Salary Income-replacement need - interest factor Readjustment-period needs Debt-repayment needs College-expense needs Other special needs Government benefits - Social security survivor's benefits Government benefits - monthly benefit Government benefits - interest factor Current insurance assets $12,500.00 75.00% $58,500.00 19.6004 $18,000.00 $11,000.00 $75,000.00 $0.00 $2,725.00 12 11.9379 $100,000.00 Application Time! Calculate how much life insurance is needed for Jessica to generate an annuity (use the data from the "Info Sheet")