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question 20 of 20
question 20
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if carly's husband were to die, she and her children could live on $50,100 per year. carly makes $28,500 annually, and estimates additional income of $8,300 from other sources. how much insurance should she purchase on her husband to cover the
shortfall, assuming a 17.7% prevailing interest rate? (round to nearest $1,000)