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Question 24 (I paind Jonathan age 35 and Mylne, age 30, have been married for two years and their ittle girl Lily, just turned one.

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Question 24 (I paind Jonathan age 35 and Mylne, age 30, have been married for two years and their ittle girl Lily, just turned one. They have agreed that Mylne will not go back to work until Lily's 18th birthday. In the event of his premature death, Jonathan would like to provide Mylne and Lily with an income of $30,000 per year until Lily tums 18 and an amount of $20,000 per year for a period of 3 years after that to give Mylne a chance to return to school and find a job. The couple has no life insurance and no savings What minimum life insurance amount should Jonathan buy today to insure the financial future of Mylne and Lily? O a $1,000,000 $570,000 Od 5510.000 Od $50,000

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