Question
You are a dual-income, no-kids family. You and your spouse have the following debts: Mortgage = $203,000; Auto loan = $11,300; Credit card balance =
You are a dual-income, no-kids family. You and your spouse have the following debts:
Mortgage = $203,000; Auto loan = $11,300; Credit card balance = $2,940; and other debts = $6,060. Further, you estimate that your funeral will cost $6,000. Your spouse expects to continue to work after your death. Using the DINK method, what should be your need for life insurance?
Total Insurance Need $________
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
