Mathematics, 07.04.2020 23:21 putaprincess16
Maria, age 28, wants to pay no more than $300 a year in life insurance. What is the face value of the largest 20-year term policy
she can buy without spending more than $300 annually?
Age
Annual Insurance Premiumstrer $1,000 offace value)
10-Year Term
at Term Whole Life
15 Year Term
20.VA
Female
Female
1:28
a. $234,000
b. $158,000
$11,000
d. $567,000
Answers: 3
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