Multiple Choice

At the end of year 5,Allison could
A) pay nothing more in premiums and collect $100,000 in 6 years and 142 days.
B) pay nothing more in premiums and have $7,950 paid-up insurance the rest of her life.
C) cancel the policy and collect $7,950.
D) cancel the policy and collect $14,450.
Correct Answer:
Verified
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