Mathematics, 01.05.2021 05:50 julialombardo53
The following table gives annual life insurance premiums per $1,000 of face value. Use the table to determine the
annual premium for a $65,000 10-year term policy for a 20-year-old female. Round your answer to the nearest cent
Term Insurance
Age
5-Year Term
10-Year Term
Male Female Male Female
20
21
22
23
24
25
$2.43
2.49
2.55
2.62
2.69
2.77
$2.07
2.15
2.22
2.30
2.37
2.45
$4.49
4.57
4.64
4.70
4.79
4.85
$4.20
4.29
4.36
4.42
4.47
4.51
a. $291.85
b. $297.05
C. $273.00
d. $278.85
Answers: 1
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The following table gives annual life insurance premiums per $1,000 of face value. Use the table to...
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