"Roberta is the insured in a $30,000 life insurance policy for which she pays an annual premium of $700. There is an outstanding policy loan of $2,500. Her last premium due has not been paid, and she dies during the grace period. How much will her beneficiary receive?
A) 26800
B) 30000
C) 29300
D) 27500"
Ans: A) 26800
Business
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