Question: ter 16 i Saved Multiple Choice Help Save & Exit Twenty years ago, Mrs. Cole purchased an insurance policy on her own life Mrs. Cole

ter 16 i Saved Multiple Choice Help Save & Exit Twenty years ago, Mrs. Cole purchased an insurance policy on her own life Mrs. Cole died this year, and the policy paid the $300,000 death benefit to her son Jeffrey. During her life, Mrs. Cole paid total premiums of $71,200 on the policy. Which of the following statements is true? Sube

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