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Title: An insurance company considers the present value of a 10-year term life insurance policy to be ... Post by: hussainizzle on Jun 12, 2023 An insurance company considers the present value of a 10-year term life insurance policy to be $3,738. The premiums that the company collects are $55 at the beginning of every month for the 10 years. What monthly compounded nominal rate is implied in the calculation of the policy's value?
▸ 12.900% ▸ 10.750% ▸ 13.690% ▸ 8.473% ▸ 14.298% Title: Re: An insurance company considers the present value of a 10-year term life insurance policy to be ... Post by: crusherpsg on Jun 12, 2023 Content hidden
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