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Jack and Jill are married with no children. Their financial data follows: Salary Jack = $50,000/year Salary Jill = $50,000/year Mortgage (in both of their

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Jack and Jill are married with no children. Their financial data follows: Salary Jack = $50,000/year Salary Jill = $50,000/year Mortgage (in both of their names) = $200,000 Credit card debt (combined) = $5,000 Estimated cost of a funeral = $10,000 Approximately how much insurance would Jack need using the SIMPLE or EASY method? O $112,500 O $215,000 O $250,000 O $500,000

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