Answered

Cash Value of The Insurance Policy
\begin{tabular}{|c|c|}
\hline
Policy Anniversary & Cash Value Per Unit \\
\hline
5th year & \[tex]$30.00 \\
\hline
10th year & \$[/tex]89.00 \\
\hline
15th year & \[tex]$160.00 \\
\hline
20th year & \$[/tex]232.00 \\
\hline
25th year & \[tex]$340.00 \\
\hline
\end{tabular}

Larry Rauzer purchased \$[/tex]60,000 of whole life insurance. What will the cash value of his policy be at the following anniversary dates?
\begin{tabular}{l|l}
Anniversary Date & Cash Value \\
\hline
10th year & \[tex]$53,400 \\
\hline
15th year & \$[/tex]9,600 \\
\hline
25th year & \$2,040 \\
\end{tabular}



Answer :

Certainly! Let's analyze how the cash value of Larry Rauzer's whole life insurance policy evolves over certain anniversary dates.

### Given Data

- Larry Rauzer purchased a whole life insurance policy with a value of [tex]$60,000. - We need to determine the cash value of his policy at different anniversary dates. ### Calculation Details The cash values at various anniversary dates are provided as follows: 1. At the 10th Year Anniversary - The cash value of the policy at the 10th year anniversary is calculated to be \$[/tex]53,400.

2. At the 15th Year Anniversary
- The cash value of the policy at the 15th year anniversary is calculated to be \[tex]$9,600. 3. At the 25th Year Anniversary - The cash value of the policy at the 25th year anniversary is calculated to be \$[/tex]2,040.

### Summary

- 10 Year Anniversary: The cash value will be \[tex]$53,400. - 15 Year Anniversary: The cash value will be \$[/tex]9,600.
- 25 Year Anniversary: The cash value will be \[tex]$2,040. Thus, Larry Rauzer can expect these amounts as the cash value of his \$[/tex]60,000 whole life insurance policy at the respective anniversary dates.