Parker Waters $200,000 whole-life insurance policy has a cash value of $11,288. Parker

Chapter 19, Problem 10

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Parker Waters $200,000 whole-life insurance policy has a cash value of $11,288. Parker is 60 years old, smokes, and is converting to an extended term policy for the same face value. Use 10-year level term rates to estimate the number of years of extended term insurance she has.

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