Question: a. Why is the interest-adjusted cost method a more accurate measure of the cost of life insurance? b. Briefly describe the surrender cost index as

a. Why is the interest-adjusted cost method a more accurate measure of the cost of life insurance?
b. Briefly describe the surrender cost index as a method for determining the cost of life insurance.
c. Briefly describe the net payment cost index as a method for determining the cost of life insurance.

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