С The following table gives annual life insurance premiums per $1,000 of face value. Use the table to determine the face
value of a 10-year term insurance policy on a 24-year-old male given that the annual premium for the insurance policy
is $359.25. If need be, round your answer to the nearest cent.
Term Insurance
Age
5-Year Term
10-Year Term
Male Female Male Female
20 $2.43
$2.07 $4.49 $4.20
21
2.49 2.15 4.57 4.29
22
2.55 2.22
4.64 4.36
23
2.62 2.30 4.70 4.42
24 2.69 2.37 4.79 4.47
25
2.77 2.45 4.85 4.51
a
b
$75,000
$79.656.32
С $80.369.13
d. $76,436.17
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