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Author Question: Sam figures it will take $250,000 invested at 6% to provide suitable income to his family for 12 ... (Read 63 times)

jasdeep_brar

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Sam figures it will take $250,000 invested at 6% to provide suitable income to his family for 12 years. He would also like to have $40,000 set aside to educate his two children. Sam's current savings is $20,000. How much life insurance does he need using the budget method?


◦ $190,000
◦ $250,000
◦ $270,000
◦ $310,000


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Marked as best answer by jasdeep_brar on Apr 14, 2019

cdmart10

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jasdeep_brar

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Reply 2 on: Apr 14, 2019
YES! Correct, THANKS for helping me on my review


mammy1697

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Reply 3 on: Yesterday
Gracias!

 

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