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After birth of your first child , you decide to buy a life insurance policy for yourself but cant decide how much to buy. In
After birth of your first child , you decide to buy a life insurance policy for yourself but can"t decide how much to buy. In the event of your untimely death, you estimate that the life insurance money can be invested in an account earning 6 % interest compounded monthly. You would like your child to get a Monthly payment of $1000 for 18 years. How much should your life insurance policy be worth in order to achieve your goal
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