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Question 1: John and Janet had three young children and were married for seven years when John was killed in an industrial accident. The

Question 1: John and Janet had three young children and were married for seven years when John was killed in an industrial accident. The year before the accident, they had purchased a home and arranged for a $250,000 mortgage at their local bank. At that time, both John and Janet were working, and they felt comfortable that they could handle that mortgage obligation. Answer-

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