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ScenarioHomer and Marge are married, both 4 0 years of age with two children ( ages 1 0 and 1 2 ) . They have
ScenarioHomer and Marge are married, both years of age with two children ages and They have some debts including:Credit cards $Car loans $Home mortgage $Their home is worth $ and they have a net worth of $ They are both employed. Homer makes $ per year at the local nuclear power plant while Marge hauls in $ in the hairstyling business.QuestionsPlease post your analysis of the following issues:What type of life insurance policy would you recommend for Marge? Why?How much coverage should she have? Explain which method you used to calculate the coverage needed and why.
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