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You are a dual-income, no-kids family. You and your spouse have the following debts: Mortgage = $187,000; Auto loan = $13,500; Credit card balance =

You are a dual-income, no-kids family. You and your spouse have the following debts: Mortgage = $187,000; Auto loan = $13,500; Credit card balance = $2,950; and other debts = $6,070. Further, you estimate that your funeral will cost $5,500. Your spouse expects to continue to work after your death. Using the DINK method, what should be your need for life insurance?

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