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Diana has an insurance policy with a cash value at age 65 that will provide payments of $1500 a year for 15 years, first payment
Diana has an insurance policy with a cash value at age 65 that will provide payments of $1500 a year for 15 years, first payment at age 66. If the insurance company pays j1 = 5% on its funds, what is the cash value at age 65?
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