Social Studies, 19.12.2019 22:31 amastar
De shawn is 38 years old and is married with 3 children, ages 2, 4, and 6. he makes $45,000 a year and is planning to retire when he turns 60. from the following three options, de shawn decides to buy the $900,000 20 year term policy. given de shawn’s scenario, assess whether de shawn made a wise decision.
a. de shawn would be safer buying whole life policy.
b. de shawn would have more money in the long run if he invested in the 20-year endowment.
c. de shawn’s current policy will cover his family for an adequate period of time at his current salary.
d. de shawn’s current policy has too high of a face value and does not cover his family long enough.
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De shawn is 38 years old and is married with 3 children, ages 2, 4, and 6. he makes $45,000 a year a...
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