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Samantha is a married mother of 3 in her late twenties. After discussing her financial situation with her husband and life insurance agent she has
Samantha is a married mother of 3 in her late twenties. After discussing her financial situation with her husband and life insurance agent she has come to the conclusion that she wants to assure that her family has $1,000 per month of income for ten years if she dies in addition to her current insurance benefits. Given this scenario how much Loverage will Samantha need if her life insurance agent uses the capital drawdown method? Select one: a. $240,000 b. $200,000 c. $600,000 d. $120,000 Next page
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