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1. What do you anticipate your life insurance coverage needs to be in the future?

2. Determine the present value of the insurance benefits that could provide $40,000 over the next 15 years for the Sampson family. Assume that the insurance payment could be invested to earn 6% interest over time.

Annual Amount $40,000
Nuumber of Years 15
Annual Interest Rate 6%
Present Value  $

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92056272

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