<span>The "easy method" holds that a person will require, in life insurance, a plan that will reimburse a value equal to 70% of a person's salary over a 7-year span. In this case, 70% of a person's $60,000 income would be: (60,000 * 7 * 0.70), or $294,000. A plan would have to have at least this much in value for it to be considered worth the while for investment.</span>
To do this find the LCD which in this case, is 16. once you multiply all fractions to where the denominator is 16 you should have: 10/16, 12/16,8/16 and 9/16. Your will be 8/16, 9/16, 10/16, 12/16