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Author Question: An insured 25 year old purchased a 50,000 . 20-payment life policy. Four years later he needed the ... (Read 84 times)

leilurhhh

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on: Jun 24, 2018
An insured 25 year old purchased a 50,000 . 20-payment life policy. Four years later he needed the maximum loan available on the policy. Compute the amount the insured could borrow.

Question 2

An insured 25 year old purchased a 35,000 . 20-payment life policy. Five years later he needed the maximum loan available on the policy. Compute the amount the insured could borrow.


Li Jun

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Reply #1 on: Jun 24, 2018
Answer to Question 1

3,400

Answer to Question 2

3,255


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leilurhhh

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Reply #2 on: Jun 24, 2018
Correct answers!


Li Jun

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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