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Science-Related Homework Help Mathematics Topic started by: samestepp on Mar 8, 2023



Title: Table 12-1 and Table 12-2 An insured 27 year old purchased a $60,000, 20-year endowment policy with ...
Post by: samestepp on Mar 8, 2023
Table 12-1 and Table 12-2

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An insured 27 year old purchased a $60,000, 20-year endowment policy with premiums payable annually. How much more did the insured pay the insurance company in premiums during his lifetime than he would have paid had he chosen a 20-payment life policy for the same amount and with annual premiums? Refer to Table 12-1. (1 year = 12 months.)


Title: Re: Table 12-1 and Table 12-2 An insured 27 year old purchased a $60,000, 20-year endowment policy with ...
Post by: xueli on Mar 8, 2023
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