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Answer:
936 is the correct option
The base would be equal to 18
<span>Tomio, age 28, takes out $50,000 of straight-life insurance. His annual premium is $418.20. Using the tables found in the textbook, determine the cash value of his policy at the end of 20 years.
A. $26,500
B. $30,000
C. $13,250
D. $26,000
</span>50,000/1,000 = 50
265*50 = $13,250
So the cash value of this policy is $13,250
<span>
The correct answer is:
</span><span>C. $13,250</span>
Measure × measure × measure