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Joanna is considering purchasing insurance and has looked at several different policies. Her main objective is to obtain a permanent policy with the most affordable

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Joanna is considering purchasing insurance and has looked at several different policies. Her main objective is to obtain a permanent policy with the most affordable premium. Which of the following policies would best meet her objectives? a) A guaranteed renewable term-20 policy Ob) A whole life policy with a level premium c) A whole life policy with a 10 year pay premium d) A whole life policy with a 15 year pay premium

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