Mathematics, 20.04.2021 20:50 bhopainting
A 26-year-old male is interested in purchasing life insurance. Using the table, determine what the annual premium for a 20-Payment Life insurance policy, given that the face value of the policy is $89,657. If need be, round your answer to the nearest cent. Age Permanent Insurance 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 16.91 14.77 29.11 25.96 37.67 35.30 17.27 15.23 29.97 26.83 38.23 35.96 17.76 15.66 30.68 27.54 38.96 36.44 25 26 27 28 a. $2,546.26 b. $2,609.92 C. $2,687.02 d. $2,750.68
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A 26-year-old male is interested in purchasing life insurance. Using the table, determine what the a...
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