Determine the permanent life insurance amount per thousand given that the policy belongs to a healthy 28-year-old male with an annual premium of $1,332 and a face value of $75,000 on a whole life insurance policy. a. $17.76 c. $16.91 b. $17.72 d. $16.38

The amount of life insurance premium per thousands be $17.76

A is correct

Step-by-step explanation:

A face value of Life insurance = $75,000

For a healthy 28-year old male an Annual premium for $75,000 = $1,332

Let amount of premium per thousands be $x

Amount of premium $1000 = $x

Amount of premium   $1      = $0.00x

Amount of premium for $75,000 = 75x

75x must be equal to premium of 28-year old man.

Thus,

75x = 1332

x=1332 ÷ 75

x=$17.76

Hence, The amount of life insurance premium per thousands be $17.76

arrange the equations with like terms in columns.

analyze the coefficients of x or y.

add the equations and solve for the remaining variable.

substitute the value into either equation and solve.

check the solution.

step-by-step explanation:

step-by-step explanation:

at each of the parallel lines adjacent angles are supplementary. the angles have special names identifying their positions with respect to the parallel lines and transversal. they are corresponding angles, alternate interior angles, or alternate exterior angles. an angles is congruent to its matched angle.