Loose Leaf for Personal Finance
Loose Leaf for Personal Finance
12th Edition
ISBN: 9781259720680
Author: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
Publisher: McGraw-Hill Education
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Chapter 12, Problem 7FPP
Summary Introduction

To compute:

The insurance amount that the given couple would require.

Introduction: DINK (Double income, No kids) method refers to that method in which the insured’s partner earns the more income than the insured so the insured only required the insurance for the payment of some debts which would be paid after his death.

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