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Mathematics, 13.11.2019 18:31 shamiahG

Tom worker pays $900 annually for $60,000 worth of life insurance.

at the end of 10 years how much will tom have paid in premiums?
a) 60,000
b) 9,000
c) 900

at the end of 10 years what will the cash value of his policy be?
a) 5,340
b) 53,400
c) 60,000

what will the ratio of cash value to premiums paid be (as a percent to the nearest tenth)?
a) 168.5%
b) 89%
c) 59.3%


Tom worker pays $900 annually for $60,000 worth of life insurance. at the end of 10 year

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Tom worker pays $900 annually for $60,000 worth of life insurance.

at the end of 10 year...
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