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Tina Parker, a single mother, is 20 years old. She has called on you an insurance consultation. Her objective is to purchase life insurance protection
Tina Parker, a single mother, is 20 years old. She has called on you an insurance consultation. Her objective is to purchase life insurance protection for the next 10 years while her children are growing up. Tina tells you that she can afford about $250 per year for insurance premiums. You have suggested either a 10- year term policy or a whole life policy. Rounded to the nearest thousand, how mush insurance coverage can Tina purchase under each policy
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