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All other factors being equal, the least expensive first-year premium payment is found in 1. Annually Renewable Term. 2. Increasing Term. 3. Decreasing Term. 4. Level Term.

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All other factors being equal, the least expensive first-year premium payment is found in
1. Annually Renewable Term.
2. Increasing Term.
3. Decreasing Term.
4. Level Term.

 
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