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Plz answer all parts of question. Joetta Hemandez is a single parent with two children and earns $60,200 a year. Her employer's group life insurance
Plz answer all parts of question.
Joetta Hemandez is a single parent with two children and earns $60,200 a year. Her employer's group life insurance policy would pay 2.5 times her salary. She also has $80,267 saved in a 401(k) plan, $6,689 in mutual funds, and a $4,013 certificate of deposit. She wants to purchase term life insurance for 15 years, until her youngest child is self-supportin inflation return on insurance proceeds, use the earnings multiple method to calculth her sister in the event of Joetta's death. Assuming she can receive a 4 percent after-tax, afte information would you need to know to use the needs approach to calculate Joetta's insurance conce now much more insurance does Joetta need to buy? What other Click on the table icon to view the PVIFA table Assuming she can receive a 4% after-tax, after-inflation return on insurance proceeds and using the earnings multiple method, Joetta's insurance need is 9 (Round to theStep by Step Solution
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