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Sara wishes to obtain a 20-payment life insurance policy having a face value of $420,000,...

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Accounting

Sara wishes to obtain a 20-payment life insurance policy having a face value of $420,000, what would be her quarterly premium if she were 40 years old? (Round your answer to the nearest cent)

$1,249.16

$3,962.87

$3,728.40

$1,002.25

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