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Determine the amount of insurance an individual would need, if their net income is $105,000 and they want to provide for their family members for
Determine the amount of insurance an individual would need, if their net income is $105,000 and they want to provide for their family members for at least 15 years. Their assets total $480,000, their liabilities total $100,000, their two children's anticipated college education needs total $120,000, and their invalid mother's future nursing home expenses total $290,000.
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