Mr. Marcotte presently is 45 years old, and decides to get a $ 10,000 face amount, limited payment, participating policy. At the end of the 20 years the cash value is $5000. The total dividends during the 20 years are $1500. The Marcottes can earn about 8% in a stock mutual fund if they decide to forgo the policy and use the premiums to invest in a stock fund. Premiums are running about $200 a year, $4000 for the duration of 20 years. What is the net cost of the policy to the Marcottes?