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Business, 02.04.2020 03:18 teacherpreacher

Alice and tommy have 3 dependent children. alice earns $125,000 per year. they are taking out insurance on alice for the next 30 years. tommy expects to get a 9.25% rate of return on the life insurance payoff. using the earnings multiple approach calculate how much life insurance they need to take out on alice.

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Alice and tommy have 3 dependent children. alice earns $125,000 per year. they are taking out insura...

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