Question: 4 . Exhibit 3 indicates that $ 1 7 6 , 3 9 2 will be accumulated after 2 0 years in the life insurance

4. Exhibit 3 indicates that $176,392 will be accumulated after 20 years in the life insurance policy. Is this true? (hint: if Studebaker were to make this investment, what would his debt position look like in year 20?)
4. Exhibit 3 indicates that $176,392 will be accumulated after 20

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