Tim pays $2,000 annually for $150,000 worth of life

Last updated: 7/28/2022

Tim pays $2,000 annually for $150,000 worth of life insurance. At the end of 10 years, what will the cash value of his policy be? Cash Value Of The Insurance Policy Policy Anniversary Cash Value Per Unit 5th year $30.00 10th year $89.00 15th year $160.00 20th year $232.00 25th year $340.00 At the end of 10 years, what will the cash value of his policy be? $20,000 $13,350 $150,000 $300,000