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vladimir2022 [97]

3 years ago

11

13. Mr. Ralph took out a 10-year term policy with a face value off dollars. Over the lifetime of the policy, he pays monthly pay

ments of m dollars. He dies after 12 years. How much will his family receive
from the insurance company?

1 answer:

Sliva [168]3 years ago

6 0

Answer:

0

Step-by-step explanation:

There will be no death benefit. The policy expired after 10 years.

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