Determine the present value of the insurance benefits

Assignment Help Financial Management

Reference no: EM131301631

1. What do you anticipate your life insurance coverage needs to be in the future?

2. Determine the present value of the insurance benefits that could provide $40,000 over the next 15 years for the Sampson family. Assume that the insurance payment could be invested to earn 6% interest over time.

Annual Amount	$40,000
Nuumber of Years	15
Annual Interest Rate	6%
Present Value	$

Reference no: EM131301631

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