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This question for Risk Management course Question 19 1.25 pts David purchased a $100,000 participating whole life policy. The annual premium is $2,280. Projected dividends

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This question for Risk Management course
Question 19 1.25 pts David purchased a $100,000 participating whole life policy. The annual premium is $2,280. Projected dividends for the first 20 years are $15,380. The cash value after 20 years will be $33,260. If the premiums were invested at 5 percent interest for 20 years the premiums would grow to $79,156. If the dividends were accumulated at 5 percent interest for 20 years, they would grow to be $24,400. The amount to which $1 deposited annually will accumulate in 20 years at 5 percent interest is $34.719. Based on this information, what is the traditional net cost per thousand per year of David's policy over the 20-year period? $5.17 $1.52 $9.75 -$2.64

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