Problem 12-15 Determining the Cost of Insurance [LO12-5] Suppose you are 40 and have a $95,000 face amount, 10-year, limited-payment, participating policy (dividends will be used to build up the cash value of the policy). Your annual premium is $855. The cash value of the policy is expected to be $3,800 in 10 years. Using time value of money and assuming you could invest your money elsewhere at an annual yield of 6 percent, calculate the net cost of insurance. Use Exhibit 1-B. (Do not round intermediate calculations. Round time value factor to 3 decimal places and final answer to the nearest whole number.) Net cost of insurance