Joetta Hernandez is a single parent with two children and earns $$$$64,800$ a year. Her$$ employer's group life insurance policy would pay $2\mathrm{.}5$ times her salary. She also has $$$$86,400$ saved in a$401($k$)$ plan, $$$$7,200$ in mutual$$ funds, and a $$$$4,320$ certificate of deposit. She wants to purchase term life insurance for $$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?Assuming she can receive a $2\%$after$-$tax, after$-$inflation return on insurance proceeds and using the earnings multiple$$ method, Joetta's insurance need is $$$