What is the rate of return on the total premiums paid, Finance Basics

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What is the rate of return on the total premiums paid

If a person age 23 puchases a $100,000 life paid up at age 65 life insurance policy for a cost of $1450 per year, what is the rate of return on the total premiums paid to age 65 on this cash value life insurance policy, if the total cash value for the policy is $215,825 at age 65?

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Finance Basics: What is the rate of return on the total premiums paid

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Finance Basics: What is the rate of return on the total premiums paid

Reference No:- TGS0728699

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Recent Questions Asked Finance Basics

Q : What is the future value of each of these options

Q : Find the moment of inertia of the bar

Q : What are the effective interest rates on these loans

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Q : What is the rate of return on the total premiums paid

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: What is the rate of return on the total premiums paid

Reference No:- TGS0728699

Recent Questions Asked Finance Basics

Q : What is the future value of each of these options

Q : Find the moment of inertia of the bar

Q : What are the effective interest rates on these loans

Q : Direction of the impulse that the bat delivers to the ball

Q : What is the rate of return on the total premiums paid

Q : Determine the energy of the incident electron

Q : How much cash will an individual have at age

Q : Sketch the steady-state heat flux pattern

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