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25 May, 03:51

Mr. Hopper takes out a term life insurance policy with a renewable annual premium. The first year premium is $350. Premiums increase by 7% each year. What will the premiums be in the second year? What will the premiums be in the third year? Round to the nearest cent.

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  1. 25 May, 05:15
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    2 year is $374.70

    3 year $400.72
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