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If a person age 23 puchases a 100000 life paid up at age 65

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If a person age 23 puchases a $100,000 life paid up at age 65 life insurance policy for a cost of $1450 per year, what is the rate of return on the total premiums paid to age 65 on this cash value life insurance policy, if the total cash value for the policy is $215,825 at age 65?

Reference no: EM13621188

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