Question
A whole life policy issued to a 30-year-old female has a face amount of $100,000. When the insured reaches age 45, the cash value of
A whole life policy issued to a 30-year-old female has a face amount of $100,000. When the insured reaches age 45, the cash value of the policy becomes 30,000. How much is the death protection provided by the policy at age 45?
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Finance For Nonfinancial Managers
Authors: Gene Siciliano
2nd Edition
0071824367, 978-0071824361
