What is the return on investment in life insurance, Finance Basics

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What is the return on investment in life insurance

Problem:

You purchase a $100, 00 life insurance policy for a single payment of $35,000. If you want to earn 9 percent on invested funds, how soon must you die for the policy to have been the superior alternative? If you die within ten years,

Required:

What is the return on investment in life insurance? Please explain in detail and also provide step by step solution. Please explain in detail and also provide step by step solution.

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Finance Basics: What is the return on investment in life insurance

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Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: What is the return on investment in life insurance

Reference No:- TGS0876655

Recent Questions Asked Finance Basics

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