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Business, 25.11.2021 14:00 Ey3lean

Jacob wants to buy a $500,000 15-year term life policy, and the annual premium rate (per $1000 of face value) for his age group is $6. 78. If Jacob lives until the end of the term of his policy, how much will Jacob have paid in premiums overall? a. $101,700 b. $3,390 c. $50,850 d. $73,746.

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Jacob wants to buy a $500,000 15-year term life policy, and the annual premium rate (per $1000 of fa...

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