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, rou
your answer to the nearest cent.
permanent insurance
age
20-payment 20-year
whole life
life
endowment
male female male female male female
$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
27 17.27 16.23 29.97 26.83 38.23 35.96
28 17.76 15.66 30.68 27.54 38.96 36.44
a $2,881.61
c. $6,321.38
b. $4.977.92
d. $6,438.20