Mathematics, 22.06.2021 18:50, llamasking

Suppose you invest $10,000 at the age of 40, and agree to start receiving payments at the age of 50. At age 48, you decide you want to withdraw $2500
from your account. The insurance company charges you 40% of the
withdrawal. What is the surrender charge?

Answers: 1

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Suppose you invest $10,000 at the age of 40, and agree to start receiving payments at the age of 50...