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Kevin, age 37, takes out $120,000 of straight-life insurance. His annual premium is $1,495.20. At ...

Flaco69

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Kevin, age 37, takes out $120,000 of straight-life insurance. His annual premium is $1,495.20. At ...

Kevin, age 37, takes out $120,000 of straight-life insurance. His annual premium is $1,495.20. At the end of 15 years, the cash value of his policy is (use the tables in the handbook):

▸

$17,760

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$16,500

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$15,760

▸

$17,940

▸

None of the answer choices are correct.

Textbook

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

Read 78 times

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obedbro

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More solutions for this book are available here

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Flaco69 Author

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Helped a lot

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Thanks

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this is exactly what I needed

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