Using the Income Method, If Jenny Has an Annual Income

question 17

Multiple Choice

Using the income method, if Jenny has an annual income of $50,000, debt of $20,000, and a factor of 10, then she should purchase ________ of life insurance.

• A) $100,000
• B) $200,000
• C) $300,000
• D) $500,000

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Definitions:

Environmental Deprivation

The lack or inadequacy of environmental stimuli and experiences, necessary for optimal psychological and physical development.

Generational Changes

The differences in opinions, values, traits, and behaviors observed between different generations.

Intelligence

The ability to acquire knowledge, think abstractly, reason, solve problems, and adapt to new situations.

Heritability

The proportion of observed variation in a particular trait that can be attributed to inherited genetic factors in a population.