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meant to crop picture - do not answer exhibt one Chapter 12 12. Using Exhibit 12-2, determine the life expectancy of a 40-year-old male. (Round
meant to crop picture - do not answer exhibt one Chapter 12 12. Using Exhibit 12-2, determine the life expectancy of a 40-year-old male. (Round your answer to 1 decimal place.) 13. You and your spouse are in good health and have reasonably secure jobs. Each of you makes about $40,000 annually. You own a home with a $100,000 mortgage, and you owe $11,000 on car loans, $2,000 in personal debt, and $3,000 in credit card loans. You have no other debt. You have no plans to increase the size of your family in the near future. You estimate that funeral expenses will be $5,000. Estimate your total insurance needs using the DINK method. 14. You have a gross annual income of $52,000. Use the multiple of income method to determine the minimum amount of life insurance you should carry
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