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Author Question: Using the income method and employing a factor of 10, determine the amount of insurance a couple ... (Read 73 times)

tsand2

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Using the income method and employing a factor of 10, determine the amount of insurance a couple would need if their net income is $65,000, their assets total $280,000, their liabilities total $130,000, their two children's anticipated college education needs total $730,000, and their invalid mother's future nursing home expenses total $290,000.


◦ $2,850,000
◦ $1,500,000
◦ $650,000
◦ $730,000


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Marked as best answer by tsand2 on Apr 14, 2019

Chou

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