Business, 18.03.2021 03:00 DantesinfernoxD9964
3. Your client is asking how much life insurance she needs. She expects to earn $120,000 per year on average, working for the next 30 years.
a. Suppose an appropriate earnings multiple is 18. How much life insurance should she purchase? (2 points)
b. Using a discount rate of 4%, what is her insurance need using the human value approach? (3 points)
Answers: 1
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3. Your client is asking how much life insurance she needs. She expects to earn $120,000 per year on...
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