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How much are total quarterly payments paid by erich shultz

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Reference no: EM131628897

Question: 1. A whole-life policy purchased at age 50 by Thomas Wimberly costs how much more per $1,000 than the same policy for a male age 60? Use a non-tobacco rate.

2. How much are the total quarterly payments paid by Erich Shultz, age 40, and his wife Demetria, age 35, if each has a 20-year level term insurance policy for $300,000 and both use tobacco.

Reference no: EM131628897

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