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QUESTION 5 You are 40 years old and earn $65,000 annually. Based on a multiple of income of 12, how much life insurance should you
QUESTION 5
You are 40 years old and earn $65,000 annually. Based on a multiple of income of 12, how much life insurance should you purchase?
| a. | $1,300,000 | |
| b. | $780,000 | |
| c. | $650,000 | |
| d. | the answer is not given |
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Business Finance
Authors: Eddie McLaney
11th Edition
1292134402, 9781292134406
