If a life insurance company insures 50 females age 25 for $40,000, 10- year term policies, how much would they expect to pay out?Solve

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Q: Can I please get the solution by using excel

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A: The answer is stated below:

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A: Information Provided: Future value = $410,500 Years = 15 Interest rate = 6.5% Deposits frequency =…

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A: Life insurance is an important financial tool that provides financial protection to your loved ones…

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A: Excel Spreadsheet:

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A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: iple wants to purchase a hom couple will put down a 20% down pa average rate for a 30-year fixed…

A: Calculation of EMI   EMI = [P x R x (1+R)^N]/[(1+R)^N-1 Where, P = Loan Amount, R= Rate , N = No. of…

Q: If the guaran

A: The amount to be paid for the policy can be computed as follows :

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A: Since you have posted a question having multiple sub-parts. All sub-parts are solved for you below.

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Q: S benefit is $4,194 (A

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A:

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