this is finance related

y Planning #4 (similar to): Amount of Insu Question Help My Amount of Insurance Needed. Marty and Mary have jobs and contribute to the household expenses according to their income Marty contributes 75% of the expenses and Mary contribute 25% Currently, their household expenses are $35,400 annualy, Marty and Mary have three chidon The youngest child is 12. so they would like to ensure that they could maintain their current standard of Coules for at least the next eight years. They feel that the insurance proceeds could be noted at In addition to covering the annual expenses, they would like to make sure that each of their chiden han $40,000 anable for colege. I Marty were to do Mary would go back to school part-time to upgrade her training as a nurse. This would cost $35.000. They have a mortgage on their home with a balance of $95.228. How much ife insurance srould they purchase for Marty? The amount olife insurance they should purchase for Marty is 5 (Round to the nearest dollar Pus