Compare the annual life insurance premium of Garrett Townse who is 30 years old, and

Chapter 19, Problem 8

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Compare the annual life insurance premium of Garrett Townse who is 30 years old, and purchases a $100,000, 10-year level term policy using a non-tobacco rate to the premium paid by Edward Collins, his business partner who is the same age as Garrett and purchases exactly the same policy and uses tobacco.

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