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Finally, let’s talk about us.  A fine return to shareholders can be had if you take 8% of every premium dollar
to the bottom line.  Again, by trial and error, you’ve got to bring the annual premium up to $10.53 to do this
and still stay in balance with the fund all the way.  It’s not just 8% of the $9.05 because pushing the prmium
up also pushes up those acquisition costs and the cash values to the customers.  (That cash value concept
keeps taking money away from the beneficiaries of the ones who die! … but, remember, if no one ever sold
them the policy then the beneficiaries would have got nothing!)  Notice our handsome profits are in fact
almost a rounding error in the whole history of the funds we are managing.
Annual premium with 120% acq costs & 8% profit $10.53
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