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shepherd shepherd
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Posts: 2986
8 years ago
Using the income method, determine the amount of insurance an individual would need, employing a factor of 10, 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.
A) $1,500,000      B) $650,000      C) $730,000      D) $2,850,000
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
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tityltityl
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8 years ago
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shepherd Author
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8 years ago
BRILLIANT!
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8 years ago
Happy to help Slight SmileSlight Smile
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