Ask Question
27 April, 18:51

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

+5
Answers (1)
  1. 27 April, 19:15
    0
    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
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Holly and matt want to use the "nonworking" spouse method to determine the amount of life insurance coverage they need. if their youngest ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers