Solution-Need to contribute on a monthly basis

Need to contribute on a monthly basis

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Reference no: EM132348700

An insurance salesperson is attempting to sell you a policy that you need to contribute on a monthly basis, $150, for 10 years. The policy will pay a guaranteed 5% annual interest rate. That is, at the end of the payment stream you will get your $150/month * number of periods paid + interest.

Reference no: EM132348700

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Need to contribute on a monthly basis : An insurance salesperson is attempting to sell you a policy that you need to contribute on a monthly basis, $150, for 10 years. The policy will pay a guarantee

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Need to contribute on a monthly basis

Reference no: EM132348700

Reference no: EM132348700

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