How do I solve this problem? Age:30, 10 year term: 5.52, Straight Life: 16.77, 20 year limited payment life: 28.42, 20 year endowment: 46.99. Units based on 1,000 units. What is the monthly premium for a 30 year old male to purchase $200,000 in 10 year term. Add $3 per month to make monthly payments.

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06-08-2024
Mathematics

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How do I solve this problem? Age:30, 10 year term: 5.52, Straight Life: 16.77, 20 year limited payment life: 28.42, 20 year endowment: 46.99. Units based on 1,000 units. What is the monthly premium for a 30 year old male to purchase $200,000 in 10 year term. Add $3 per month to make monthly payments.

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