Jeff and Erica Have Two Children

question 60

Multiple Choice

Jeff and Erica have two children.They plan to purchase life insurance using this formula: (18 - Youngest child's age) × $10,000.Which method are they using to determine their life insurance needs?

• A) Easy method
• B) Dual income, no kids method
• C) Formal calculation method
• D) Nonworking spouse method
• E) Family needs method

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