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Francisco and Maria have three children and want to complete a detailed worksheet to determine the amount of life insurance they need to purchase. They
Francisco and Maria have three children and want to complete a detailed worksheet to determine the amount of life insurance they need to purchase. They will consider factors such as Social Security and liquid assets. 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 need method
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