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Flaco69 Flaco69
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A month ago

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



$16,500



$15,760



$17,940



None of the answer choices are correct.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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obedbroobedbro
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A month ago
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Flaco69 Author
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A month ago
Helped a lot
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You make an excellent tutor!
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2 hours ago
Good timing, thanks!
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