Mathematics, 06.05.2020 08:40 juansoto227711
You are 28-year-old healthy male and interested in purchasing life insurance. Using the table, determine what the annual
premium for a Whole Life insurance police, given that the face value of the policy is $162,253. If need be, round your
answer to the nearest cent.
Permanent Insurance
Age Whole Life
20-Year
20-Payment
Life
Endowment
Male Female Male Female Male Female
25 $16.38 $14.38 $28.40 $25.04 $37.02 $34.87
26 16.91 14.77 29.11 25.96 37.67 35.30
1 27 17.27 15.23 29.97 26.83 38.23 35.96
28 17.76 15.66 30.68 27.54 38.96 36.44
a $2.88161
C. $6.321.38
b $4 977 92
d. $6.438.20
Answers: 1
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You are 28-year-old healthy male and interested in purchasing life insurance. Using the table, deter...
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