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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?

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Easy method

Dual income, no kids method

Formal calculation method

Nonworking spouse method

Family need method

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