Question: A $ 1 0 0 , 0 0 0 life insurance policy provides for an acceleration of up to 8 0 percent of the death
A $ life insurance policy provides for an acceleration of up to percent of the death benefit if the insured is diagnosed as terminally ill. The policy uses the discount method to determine the amount that will be accelerated. Assuming a policyowner elects and qualifies for the full amount available for acceleration, how much will he or she receive?
a $
b $
c an amount less than $
d an amount between $ and $
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