How much will be paid by the insurance company, Finance Basics

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How much will be paid by the insurance company

Problem

Amy purchased a life insurance policy with the intent of committing suicide to pay all the debts that were burdening her family. If she commits suicide 29 months after the policy is purchased, and the insurer is able to prove that her death was a suicide, how much will be paid by the insurance company?

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Finance Basics: How much will be paid by the insurance company

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