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Q2 Application Time! Calculate how much life insurance is needed for Alex to generate a $70.000 annuity (use the data from the info Sheet) RATE

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Q2 Application Time! Calculate how much life insurance is needed for Alex to generate a $70.000 annuity (use the data from the info Sheet") RATE NPER PV PMT FV 5.00% 30 S102,021 $70,000.00 O Why is having a beneficiary on a policy important? (min. 50 words)

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