Bill Small, age 28, would like to take out a 09-year endowment policy that has a coverage amount of $30,000. Can you calculate for Bill (A) his annual premium and (B) the cash value at the end of 10 years?

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The Answer of Bill Small, age 28, would like to take out a 09-year endowment policy that has a coverage amount of $30,000. Can you calculate for Bill (A) his annual premium and (B) the cash value at the end of 10 years?

Bill Small, Age 28, Would Like to Take Out a 09-Year