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While Using the Needs Analysis Approach to Determine How Much

Question 8

Multiple Choice

While using the needs analysis approach to determine how much life insurance to purchase, you should:


A) add the financial resources that will be available after your death to your family's total economic needs.
B) multiply your gross annual earnings by the size of your family.
C) purchase the equivalent of your current annual income.
D) divide your gross annual earnings by the size of your family.
E) deduct the financial resources that will be available after your death from your family's total economic needs.

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