Joetta Hernandez is a single parent with two children and earns ?$37 comma 200 a year. Her? employer's group life insurance policy would pay 2.5 times her salary. She also has ?$49 comma 600 saved in a? 401(k) plan, ?$4 comma 133 in mutual? funds, and a ?$2 comma 480 CD. She wants to purchase term life insurance for 15 years until her youngest child is? self-supporting. She is not concerned about her outstanding? mortgage, as the children would live with her sister in the event of? Joetta's death. Assuming she can receive a 2 percent? after-tax, after-inflation return on insurance? proceeds, use the earnings multiple method to calculate her insurance need. How much more insurance does Joetta need to? buy? What other information would you need to know to use the needs approach to calculate? Joetta's insurance? coverage?