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Chantel can buy a 30-year term life policy for $400 per year with a $500,000 death benefit. She would then also invest $1,400 each year

Chantel can buy a 30-year term life policy for $400 per year with a $500,000 death benefit. She would then also invest $1,400 each year into her investment portfolio. Assume her investment averages 6% annually.

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