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Susan has purchased a whole life policy with a death benefit of $ 4 2 0 , 0 0 0 . Assuming that she dies

Susan has purchased a whole life policy with a death benefit of $420,000. Assuming that she dies in 8 years and the average inflation has been 5 percent, what is the value of the purchasing power of the proceeds? Use (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D)

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