You have life insurance which has a guaranteed cash value after 28 years of $1,414,320.00. If you

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You have life insurance which has a guaranteed cash value after 28 years of $1,414,320.00. If you know that you can earn 6% APY on your investments.

What is the maximum monthly payment on the life insurance that you would be willing to accept?

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: May 08, 2024 01:41 PM

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You have life insurance which has a guaranteed cash value after 28 years of $1,414,320.00. If you

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