Mathematics

Mathematics, 23.06.2019 06:20, palcochran1313

Suppose that the probability that a person will die in the next 20 years is 7.2698%. if this person has a life insurance policy that will pay out $60,000 to the beneficiaries of the policy if the person dies in the next 20 years, what is the premium of the policy? assume that the administrative costs of the policy amount to $75. a. $60,000 b. $4361.88 c. $4436.88 d. $4523.89

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Business, 28.07.2019 15:30, balancingmist1954

For the past five years, a person has had a $20,000 whole life insurance policy that has a cash value clause. the person decides to surrender the policy. at the time of surrender, the person will receive a: one-fifth of the $20,000 face value. b: $20,000 less the premiums paid. c: a calculated amount of money which includes the premiums paid as well as the interest on that money. d: a calculated amount of money that must be converted to a term life insurance policy.

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Mathematics, 16.10.2019 10:30, bear342

For the past five years, a person has had a $20,000 whole life insurance policy that has a cash value clause. the person decides to surrender the policy. at the time of surrender, the person will receive

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