Question Help Present value Sundard race is de terrace policy for people who live their retirement rest The policy will pay out $200,000 on your son birthday You must buy the policy on your birthday The Insurance company can eam on the purchase of your policy What is the mother the insurance company would change for the policy? What is the minimum purchase price company should change for this policy? Round to the nearestent) Present value. Standard urance is developing a long to insurance policy for people who cutive their retirement est e90The policy will pay out $200,000 on your son birthday. You must buy the policy on your cord birthday. The Insurance company can eam on the purchase price of your policy. What is the minimum purchase price the insurance company should charge for this policy What is the minimum purchase price the insurance company should change for this policy? Round to the recent)