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Ignoring inflation, if Rolf, above, felt that his family needed to earn $60,000 a year, after-tax to maintain their lifestyle in the event of his

Ignoring inflation, if Rolf, above, felt that his family needed to earn $60,000 a year, after-tax to maintain their lifestyle in the event of his death, how much life insurance should he have, assuming an interest rate of 3.00% and an average tax rate of 30%?

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