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John would like to calculate his human life value, considering a 15-year dependency period. He believes his average annual earnings over the next 15 years

John would like to calculate his human life value, considering a 15-year dependency period. He believes his average annual earnings over the next 15 years will be $80,000. Of this amount, 55 percent will be used for taxes and his own personal maintenance expenses. The other 45 percent will be used to support his family. Assuming a four percent interest rate, what is Johns human life value?

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