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victor has a life insurance policy that will pay his family $42,000 per year if he dies. if interest rates are up 1.5% when the insurance company has to pay, what is the amount of the lump sum that the
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victor has a life insurance policy that will pay his family $42,000 per year if he dies. if interest rates are up 1.5% when the insurance company has to pay, what is the amount of the lump sum that the insurance company must put into a bank account

User BITSSANDESH
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2 Answers

3 votes

Answer:2.8 million

Explanation:

User Ickster
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8.7k points
5 votes

Apex said 2.8 million

User Lashleigh
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7.9k points
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