Marquesha Long at age 55 wants to convert her $200,000 whole-life insurance policy to

Chapter 19, Problem 22

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Marquesha Long at age 55 wants to convert her $200,000 whole-life insurance policy to extended term insurance with the same face value. Use 20-year level term rates to estimate the number of years of coverage her cash value of $14,053 will buy using a non-tobacco rate.

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