2017年2月16日 星期四

consumer surplus 變招 - utility

年供款 $ 10。
供款年期 20年。
保額 $300
假定年利率 3%




From the graph somewhere between the 13th and 14th year the utility and the premium paid breaks even, so farther payment of premium is not beneficial, a new policy should be written to replace the current one.