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02-01-2023
Mathematics

Answered

How much will you have contributed to a Whole Life insurance policy that has a face value of $60,000 over a 40-year

period, given that the permanent insurance amount for a healthy 30-year-old male is $18. 54 per thousand.

a. $1,112. 4

C. $60,000

b. $44,496

d. $533,952

Answer :

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