Top Posters
Since Sunday
G
4
K
3
o
3
3
m
2
c
2
r
2
p
2
s
2
s
2
b
2
c
2
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
Flaco69 Flaco69
wrote...
Go to Answer
Posts: 141
Rep: 0 0
6 months 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:
Read 79 times
1 Reply
Replies
Answer verified by a subject expert
obedbroobedbro
wrote...
#1
Posts: 138
Rep: 0 0
6 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Flaco69 Author
wrote...

6 months ago
Thanks for your help!!
annabananerz
wrote...

Yesterday
Brilliant ツ
jmelchor77
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1003 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 774
  
 686
  
 792