Question
You purchase a $100,00 life insurance policy for a sinlge payment of $35,000. If you want to earn 9 percent on invested funds, how soon
You purchase a $100,00 life insurance policy for a sinlge payment of $35,000. If you want to earn 9 percent on invested funds, how soon must you die for the policy to have been the superior alternative? If you die within ten years, what is the return on investment in life insurance?
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
1st Edition
0765616785, 9780765616784
