Richard Is Using the Capital Retention Approach to Determine How

question 52

Multiple Choice

Richard is using the capital retention approach to determine how much life insurance to purchase.Richard would like to provide $35,000 per year to his family,forever,if he dies.The assets that he has today will provide $25,000 in annual income without the liquidation of these assets.If life insurance proceeds can be invested to earn a 5 percent annual return,how much life insurance should Richard purchase to fund the additional income needed to meet the $35,000 annual income goal?

• A)$10,000
• B)$100,000
• C)$150,000
• D)$200,000

Recognize the role of feminist theory in understanding gender and sexual behavior.

Understand the significance of major findings in sexual behavior research.

Comprehend the impact of societal and cultural views on the perception and treatment of different sexual orientations.

Recognize biases, values, and the role of major health organizations in addressing sexual orientation and behavior.

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Definitions:

Security Thread

A thin strip of metal or plastic embedded in paper currency and valuable documents as a measure against counterfeiting.