Support your recommendation with reasons why investing in, Financial Management

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Support your recommendation with reasons why investing in

Your parents are fortunate enough to have been able to save up $20,000. They ask you what they should do with the money. Recommend to your parents that they take that money and purchase a life insurance policy for the first time in their lives. Support your recommendation with reasons why investing in life insurance is a good investment and provide them with guidance in choosing the right policy for them.

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