9. Assume that $500 monthly premium is required for a lifetime guarantee, while a 20 year guarantee would require a $300 monthly premium. If the cumulative paid premium at the end of 120 months is $50,000. The catch-up amount for a lifetime if no interest. guarantee is $

9. Assume that $500 monthly premium is required for a lifetime guarantee, while a 20 year guarantee would require a $300 monthly premium. If the cumulative paid premium at the end of 120 months is $50,000. The catch-up amount for a lifetime guarantee is : if no interest