Tessa, age 35, would like to determine how much life insurance to purchase using the human life value approach. She is expected to live 45 more years. She assumes her average annual earnings over the next 30 years will be $60,000. Of this amount, 40 percent is paid to taxes, premiums, and other costs Inflation is projected to be 2 percent indefinitey. A typical interest rate that can be earned on an investment is 6 percent Question 6 of 20 1 points Save Answer The number of periods until retirement is 45 years. The discount rate is 6 percent per year The amount of annual support needed by the family is Terminal cash flows are projected to be $ 60000 Tessa's human life value is $ IMPORTANT. Your answers should be rounded to the nearest integer and should NOT include symbols ('S' or Tessa, age 35, would like to determine how much life insurance to purchase using the human life value approach. She is expected to live 45 more years. She assumes her average annual earnings over the next 30 years will be $60,000. Of this amount, 40 percent is paid to taxes, premiums, and other costs Inflation is projected to be 2 percent indefinitey. A typical interest rate that can be earned on an investment is 6 percent Question 6 of 20 1 points Save Answer The number of periods until retirement is 45 years. The discount rate is 6 percent per year The amount of annual support needed by the family is Terminal cash flows are projected to be $ 60000 Tessa's human life value is $ IMPORTANT. Your answers should be rounded to the nearest integer and should NOT include symbols ('S' or