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Sara is 62 years old and has a whole life policy with the following features: Annual premium = $900 Cash value on January 1, 2018
- Sara is 62 years old and has a whole life policy with the following features:
Annual premium = $900
Cash value on January 1, 2018 = $400,000
Cash value on December 31, 2018 = $405,000
After-tax earning rate = 5%
Current dividend = $600
Death benefit = $850,000
What is her CPT?
- $34.48
- $35.29
- $33.17
- $34.23
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School Finance Elections
Authors: Don E. Lifto, Bradford J. Senden, Daniel A. Domenech
2nd Edition
