If a person age 25 can buy a 100000 life paid up at age 65, Financial Management

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If a person age 25 can buy a 100000 life paid up at age 65

If a person age 25 can buy a $100000 life paid up at age 65 insurance policies for $1200 per year: a) what is the rate of return if the cash value at age 65 is $167591? b) what is the rate of return, if the person purchases a $150000 life paid up at age 65 policy at a cost of $1650 per year beginning at age 25 and the cash values at age 65 are $237,400?

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Financial Management: If a person age 25 can buy a 100000 life paid up at age 65

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