9. You and your spouse just adopted twin girls, little Heather and Beth. You want to make sure they are taken care of for the next 22 years. (A)Based on the following information, how much life...

Extracted text: 9. You and your spouse just adopted twin girls, little Heather and Beth. You want to make sure they are taken care of for the next 22 years. (A)Based on the following information, how much life insurance needs to be purchased for the husband, if any? (B) How much, if any, needs to be purchased for the wife? Assume 3% inflation rate. Market Labor Value Household Production Value Husband $72,000 $15,000 $15,000 Wife $40,000