You purchase an ILAS plan with projected total death benefit of $3,000,000 and projected total cash value of $150,000 after 30 years. Suppose you paid the first premium of $300 at the beginning of the plan and pay the monthly premium of $300 at the end of each month afterwards. You want to see if the ILAS can be replaced by a combination of a 30-year term life insurance (in Question 2) + a long term (30 years) savings plan. Find the required annual interest rate of a savings plan so that the ILAS is same as the combination of the 2 products after 30 years."