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6 August, 07:53

Holly and matt want to use the "nonworking" spouse method to determine the amount of life insurance coverage they need. if their youngest child is 5 years old, how much do they need

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  1. 6 August, 09:55
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    The best answer for this question would be:

    $150,000

    Because in the method of the "non-working" spouse method, they are given a calculation of (18 - youngest child's age) * $10,000 (18 being the legal age)

    Resulting that the solution would be:

    (18 - 3) * $10,000 = $150,000
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