Income Method.Nancy is a widow with two teenage children. Nancy's gross income is $4,000 per...
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Income Method.Nancy is a widow with two teenage children. Nancy's gross income is $ per month, and taxes take about of her income. Using the income method, Nancy calculates she will need to purchase about eight times her disposable income in life insurance to meet her needs. How much insurance should Nancy purchase? Part The amount of insurance Nancy should purchase is $
Income Method.Nancy is a widow with two teenage children. Nancy's gross income is $ per month, and taxes take about of her income. Using the income method, Nancy calculates she will need to purchase about eight times her disposable income in life insurance to meet her needs. How much insurance should Nancy purchase?
Part
The amount of insurance Nancy should purchase is $
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