Mathematics, 28.02.2021 14:00 etuck16
The following table gives annual life insurance premiums per $1,000 of face value. Use the table to determine the annual premium for a $95,636 5-year term policy for a 21-year-old male. Round your answer to the nearest cent.
A 5-column table with 6 rows titled Term Insurance. Column 1 is labeled Age with entries 20, 21, 22, 23, 24, 25. Column 2 is labeled 5-year term male with entries 2 dollars and 43 cents, 2.49, 2.55, 2.62, 2.69, 2.77. Column 3 is labeled 5-year term female with entries 2.07, 2.15, 2.22, 2.30, 2.37, 2.45. Column 4 is labeled 10-year term male with entries 4.49, 4.57, 4.64, 4.70, 4.79, 4.85. Column 5 is labeled 10-year term female with entries 4.20, 4.29, 4.36, 4.42, 4.47, 4.51.
a.
$410.28
c.
$205.62
b.
$437.06
d.
$238.13
Answers: 1
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The following table gives annual life insurance premiums per $1,000 of face value. Use the table to...
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