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Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by debts
Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by debts in case one of them dies. Each plans to continue to work after the other one dies. Which method are they using to determine their life insurance needs?
Multiple Choice
Easy method
Dual income, no kids method
Formal calculation method
Nonworking spouse method
Family needs method
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