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Calculating the Effect of Inflation on a Life Insurance Policy. Susan has purchased a whole life policy with a death benefit of $ 2 5

Calculating the Effect of Inflation on a Life Insurance Policy. Susan has purchased a whole life policy with a death benefit of $

250, 000 .

Assuming she dies in

10

years and the average inflation has been

2 %,

what is the value of the purchasing power of the proceeds?

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