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Problem 12-10 Using the Nonworking Spouse Method to Determine Life Insurance Needs [LO12-2] Tim and Allison are married and have two children, ages 5 and

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Problem 12-10 Using the "Nonworking" Spouse Method to Determine Life Insurance Needs [LO12-2] Tim and Allison are married and have two children, ages 5 and 12. Allison is a "nonworking" spouse who devotes all of her time to household activities. Estimate how much life insurance Tim and Allison should carry to cover Allison

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