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Jillian would like to calculate her human life value. She believes her average annual earnings for the next 10 years will be $80,000. Of this
Jillian would like to calculate her human life value. She believes her average annual earnings for the next 10 years will be $80,000. Of this amount, 45 percent will be used to support her family and 55 percent will be used to pay taxes and for her own personal maintenance expenses. Assuming an interest rate of 5 percent, what is Jillians human life value? (2 points)
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