Using the human life value method how much life insurance, Ask an Expert

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Using the "Human Life Value" method, how much life insurance should you purchase if you have 45 years until retirement, an annual income of $61,500 received at the start of each years, and a time value of money of 7%? (Assume 80% income replacement, ignore taxes and inflation.)

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Category:- Financial Accounting
Reference No.:- M91961800

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