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Bill Small, age 28, would like to take out a 20-year endowment policy that has a coverage amount of $30,000. Can you calculate for Bill

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Bill Small, age 28, would like to take out a 20-year endowment policy that has a coverage amount of $30,000. Can you calculate for Bill (A) his annual premium and (B) the cash value at the end of 10 years? (Round your answers to the nearest cent.) A. Annual premium B. Cash value

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