Mathematics, 12.04.2021 18:00 Jennifer16253
Math please help
An insurance company sells a 20-year term life insurance policy with a face value of $200,000 to a 45-year -old woman. Her annual premium is $990. If the woman dies after paying premiums for 6 years, what is the insurance company’s gain or loss?
Loss of $200,990
Loss of $194,060
Gain of $205,940
Gain of $199,010
Answers: 3
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Math please help
An insurance company sells a 20-year term life insurance policy with a face value...
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