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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
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Do the Math Problem 1 , page 371: Life Insurance Needs for a Young Single. Andrew Blake of Tuscaloosa, Alabama, is single and has been working as an admissions counselor at a university for three years. Andrew owns a home valued at $156,000 on which he owes $135,000. He has a two-year-old vehicle valued at $12,500 on which he owes $8,000. He has about $3,800 remaining on his student loans. His retirement account has grown to $7,800, and he owns some stock valued at $4,400. He has no life insurance and is considering buying some. How much should he buy?
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