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Melly767 Melly767
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A year ago
Table 12-1 and Table 12-2

nar001-1.jpg


Insured A, age 27, purchased a $35,000, 20-payment life policy with premiums payable annually. Insured B, also age 27, purchased a $35,000 straight-life policy with premiums payable semiannually. Both A and B lived 40 more years. How much more in premiums did insured B pay the insurance company during his lifetime than insured A paid during hers? Refer to Table 12-1. (1 year = 12 months.)
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Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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gagan17gagan17
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A year ago
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Melly767 Author
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A year ago
Thank you, thank you, thank you!
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This site is awesome
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