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Grace's employer is now offering group - term life insurance. The company will provide each employee with $ 1 8 5 , 0 0 0
Grace's employer is now offering groupterm life insurance. The company will provide each employee with $ of groupterm life insurance. It costs Grace's employer $ to provide this amount of insurance to Grace each year. Assuming that Grace is years old, use the table provided above to determine the monthly premium that Grace must include in income as a result of receiving the groupterm life benefit.
Uniform Premiums for $ of GroupTerm Life Insurance Protection:
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