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Jay is contemplating the purchase of a life insurance policy. The policy costs $8 per year per thousand dollars in coverage. Jay can put $50 every six months toward the purchase of the policy. How much policy can he afford?

10 Jul

Jay is contemplating the purchase of a life insurance policy. The policy costs $8 per year per thousand dollars in coverage. Jay can put $50 every six months toward the purchase of the policy. How much policy can he afford?

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