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In Reply to: Re: UL posted by Ken Young on March 09, 2002 at 10:29:49:
: : Lillie, run the ul illustration at the guaranteed interest rate of 4%, pay prem. to age 75. Policy should carry for life.
:
: ---------------------->>> JAX... Once again you neglected to give qualified information.
: First of all, if you compound any given amount of money at 4% you will find the figures greater than first removing from the figure of actuary costs for the insurance and then also subtracting from the figure administration charges.
: The acutuary charges prior to compounding will generally make a UL contract quite expensive after age sixty-five, thus reducing the figures you have suggested to Lilli she use.
: It sure looks like you and Steve kissed and made up again after your brief public confrontation.
: xxxxxxxxxxxxxxxxxxxxxxxx Why did you ban me from your site, I only wnated you to stop fighting, do you think that's fair?