Alice is 40 years old and earns $85,000 annually.The multiple earnings approach to determine the amount of life insurance needed shows that she should have 6.5 times her earnings.How much insurance should Alice have? (Show all work.)

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The Answer of Alice is 40 years old and earns $85,000 annually.The multiple earnings approach to determine the amount of life insurance needed shows that she should have 6.5 times her earnings.How much insurance should Alice have? (Show all work.)

Alice Is 40 Years Old and Earns $85,000 Annually