answer is 20000.33

7. Smith, aged to, takes out a mortgage calling for payments of $10,000 at the end of each of the next 30 years: She also purchases, a life insurance policy which will pay off the balance of the loan, if any, time of her death. If i = 0.04 and a 40:30 = 15.292 find the single benefit premium for the insurance policy. 7. Smith, aged to, takes out a mortgage calling for payments of $10,000 at the end of each of the next 30 years: She also purchases, a life insurance policy which will pay off the balance of the loan, if any, time of her death. If i = 0.04 and a 40:30 = 15.292 find the single benefit premium for the insurance policy