Ask Question
4 September, 00:53

Use the table above to find the yearly premiums in each of the following cases. Emily Ruth Webster is twenty-seven. She is purchasing twenty-year endowment insurance, with a face value of $25,000. What is her annual premium?

+3
Answers (1)
  1. 4 September, 04:49
    0
    Emily is a girl, table shows for males. It says there "For females, use the age of a male 3 years younger", so 27 - 3 = 24 < - - look at the table for this value on the 20 - year endowment. You'll have 42.34 annual premia per 1000 FV your questions asks for the $25000 Face Value, so just multiply 42.34 to 25 000 and you should get $1 058.5
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Use the table above to find the yearly premiums in each of the following cases. Emily Ruth Webster is twenty-seven. She is purchasing ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers