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Author Question: Solve the problem using the tables below.Jack started a whole-life insurance policy for $70,000 when ... (Read 51 times)

tiara099

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on: Feb 26, 2020
Solve the problem using the tables below.



Jack started a whole-life insurance policy for $70,000 when he was 23 years old. At age 50, the policy has a cash value of $5010 and he converts the policy to extended term insurance for the same face value. Use 20-year level term rates to estimate the number of years of extended term insurance he has using a non-tobacco rate. Round to the nearest hundredth when necessary.
◦ 27.63 years
◦ 20.75 years
◦ 11.95 years
◦ 16.27 years
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
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Marked as best answer by tiara099 on Feb 26, 2020

Gabe

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Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tiara099

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Reply 2 on: Feb 26, 2020
Excellent

ttt030911

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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