Using the income method and employing a factor of 10, determine the amount of insurance a couple would need if their net income is $65,000, their assets total $280,000, their liabilities total $130,000,
their two children's anticipated college education needs total $730,000, and their invalid mother's future nursing home expenses total $290,000.
A) $2,850,000
B) $1,500,000
C) $650,000
D) $730,000
Answer: C
Explanation: C) $65,000 × 10 = $650,000
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