Question
Complete the following table to determine the cost of life insurance per 1000 SR, for life policy has face amount about 20,000 SR, the
Complete the following table to determine the cost of life insurance per 1000 SR, for life policy has face amount about 20,000 SR, the policy period is 20 year. 9558 Total premium for20 ears in 5%. Dividends for 20 years in 5%. Net premium for20 years. Cash value at end of 20 ears. Insurance cost for 20 years. Amount of which 1SR deposited annually in 5% for 20years. Interest adjusted cost /year Cost per 1000SR /year. 850 3500 34.72
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
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