subject
Mathematics, 12.12.2020 17:00 gagem1278

A 30-year-old female purchased a 20-Year Endowment insurance policy at the age of 23. The face value of the policy was $78,250. She asks her insurance agent for the extended term nonforfeiture option. Given the table below and the permanent insurance amount of $37.80 per thousand, determine the annual premium and the Extended Term. A 5-column table with 4 rows titled 20-year endowment options. Column 1 is labeled End of year with entries 7, 10, 15, 20. Column 2 is labeled option 1 cash value (dollars) with entries 226, 364, 687, 1000. Column 3 is labeled Option 2 Reduced paid-up insurance (dollars) with entries 421, 562, 834, 1000. Column 4 is labeled option 3 extended term years with entries 26, 31, 37, life. Column 5 is labeled option 3 extended term days with entries 10, 182, 50, life. a. Annual Premium of $2,532.10; 31 years and 182 days c. Annual Premium of $3,210.23; 37 years and 50 days b. Annual Premium of $2,957.85; 26 years and 10 days d. Annual Premium of $3,298.54; Life Please select the best answer from the choices provided A B C D

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
Leo has b boxes of pencils. each box contains 6 pencils. he has a total of 42 pencils. the equation that represents this situation the value of b that makes the equation true the first one is b+6=42,6b=42,b=42+6,or 42b=6 the second one are 7,836 48
Answers: 3
question
Mathematics, 21.06.2019 17:00
Scarlet bought three pairs of sunglasses and two shirts for $81 and paula bought one pair of sunglasses and five shirts for $105 what is the cost of one pair of sunglasses and one shirt?
Answers: 2
question
Mathematics, 21.06.2019 21:20
An office supply company conducted a survey before marketing a new paper shredder designed for home use. in the survey, 80 % of the people who tried the shredder were satisfied with it. because of this high satisfaction rate, the company decided to market the new shredder. assume that 80 % of all people are satisfied with this shredder. during a certain month, 100 customers bought this shredder. find the probability that of these 100 customers, the number who are satisfied is 69 or fewer.
Answers: 2
question
Mathematics, 21.06.2019 22:00
Out of 50 students surveyed, 16 have a dog. based on these results, predict how many of the 280 students in the school have a dog.
Answers: 2
You know the right answer?
A 30-year-old female purchased a 20-Year Endowment insurance policy at the age of 23. The face value...
Questions
question
French, 30.08.2021 02:50
question
Mathematics, 30.08.2021 02:50
question
Spanish, 30.08.2021 02:50
Questions on the website: 13722359