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Calculate the Value of the Nonforfeiture Options for the Following

Question 64

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Calculate the value of the nonforfeiture options for the following life insurance policy issued to a female at age 20.  Face Value  Yearsin  Type of  Cash  Paid-up  Extended  Term  of Policy  Force  Policy  Value  Ins.  Years  Day $100,0002020 Payment Life\begin{array} { l l l l l l l } \text { Face Value } & \text { Yearsin } & \text { Type of } & \text { Cash } & \text { Paid-up } & \text { Extended } & \text { Term } \\\text { of Policy } & \text { Force } & \text { Policy } & \text { Value } & \text { Ins. } & \text { Years } & \text { Day } \\\hline \$ 100,000 & 20 & 20 - \text { Payment } & & & &\\&& \text {Life}&&&&\end{array}

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$50,500; $...

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