Question
You are a dual-income, no-kids family. You and your spouse havethe following debts (total): mortgage, $212,000; auto loan,$22,000; credit card balance, $16,000; other debts, $22,000.Further,
You are a dual-income, no-kids family. You and your spouse havethe following debts (total): mortgage, $212,000; auto loan,$22,000; credit card balance, $16,000; other debts, $22,000.Further, you estimate that your funeral will cost $10,000. Yourspouse expects to continue to work after your death. Using the DINKmethod, what should be your need for life insurance?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
