Michael has a life insurance premium of $400 a year on a term life insurance policy for a 40-year term with $150,000 of coverage. how does the total cost of the premiums over 40 years compare to the coverage? select the best answer from the choices provided. (a.) the premiums are $134,000 more than the coverage. (b.) the coverage is $134,000 more than the premiums. (c.) the premiums are $171,000 more than the coverage. (d.) the coverage is $171,000 more than the premiums.