subject
Mathematics, 19.12.2020 01:00 koryn4880

Your father, at the age of 40, purchased a Whole Life insurance policy with a face value of $110,000. The permanent insurance amount for a Whole Life insurance policy for a healthy 40-year-old male is $27.17. Your father decided to terminate the policy at the age of 47. Determine the annual premium and use the table below to determine the value of the Extended term insurance policy. A 5-column table with 4 rows titled Whole Life Options. Column 1 is labeled End of Year with entries 3, 5, 7, 10. Column 2 is labeled option 1 cash value with entries 7 dollars, 21, 45, 65. Column 3 is labeled option 2 reduced paid-up insurance with entries 18, 50, 96, 150. Column 4 is labeled extended term years with entries 1, 6, 10, 15. Column 5 is labeled Extended term days with entries 180, 15, 40, 200.
a.
Annual Premium of $2,988.7; 10 years and 40 days
c.
Annual Premium of $3,215.33; 6 years and 15 days
b.
Annual Premium of $3,110.12; 15 years and 200 days
d.
Annual Premium of $3,280.78; 1 years and 180 days

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 21:30, barb4you67
Hey hotel charges guests $19.75 a day to rent five video games at this rate which expression can be used to determine the charge for renting nine video games for one day at this hotel? pls
Answers: 1
image
Mathematics, 21.06.2019 22:50, kaylarojascliff
On the first of each month sasha runs a 5k race she keeps track of her times to track her progress her time in minutes is recorded in the table
Answers: 1
image
Mathematics, 22.06.2019 04:30, Sparkledog
There are a total of 75 students in the robotics club and the science club. the science club has 11 more students than the robotics club. how many students are in the science club?
Answers: 2
image
Mathematics, 22.06.2019 05:30, JohnJamesPaksitani
Marshall went to the state fair and bought 3 tickets. each ticket to the fair cost x dollars. after he bought the tickets, he had $3.25 left in change. write an expression that represents the amount of money, in dollars, that marshall had before he bought the tickets. n
Answers: 1
You know the right answer?
Your father, at the age of 40, purchased a Whole Life insurance policy with a face value of $110,000...

Questions in other subjects:

Konu
Physics, 20.02.2021 14:10
Konu
Biology, 20.02.2021 14:10