Suppose your annual premium for a $20,000, 20-year limited payment policy is $420. The cash value of your policy at the end of 20 years is $9,200. Assume that you could have invested the annual premium in a mutual fund yielding 7% annually. What is the net cost of your insurance for the 20-year period? (Use a factor 40.995 when using a future value at 7% for 20 years) $18,000 $17.218 $8,018 $8,400