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 9FPP
Summary Introduction

To compute:

The insurance amount that a person needs to carry.

Introduction:
Nonworking spouse method refers to the method of computation of investment amount required for the insurer. On the basis of this method the assumed amount which is required in a year should be more than the $10,000.

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