Calculate the reduced paid-up insurance for Lee Chin, age 42, who purchased a $100,000 straight life policy. At the end of year 20, Lee stopped paying premiums. (Use Table 20.2). (Omit the "$" sign in your response.)

Question

Calculate the reduced paid-up insurance for Lee Chin, age 42, who purchased a $100,000 straight life policy. At the end of year 20, Lee stopped paying premiums. (Use Table 20.2). (Omit the "$" sign in your response.)
What is the reduced paid-up insurance?

What am I supposed to do? I don't understand this question.

Reiny · Answer

Now how do you expect us to know what table 20.2 is ??