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Ryan37sport Ryan37sport
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10 months ago
You just purchased a twenty-year term life insurance policy. For your premium payments, you can choose either beginning-of-month payments of $1,300 or beginning-of-year payments of $15,000. In current dollars, how much will you save during the twenty years by choosing the lower-cost option? Assume that money can earn 4.8% compounded monthly.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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LaceyCGibsonLaceyCGibson
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10 months ago
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Ryan37sport Author
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10 months ago
Thanks
oscar520000
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Yesterday
Good timing, thanks!
TheMoffattMan
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2 hours ago
Thank you, thank you, thank you!
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