Mathematics, 09.12.2021 02:50 biancasamadp3usfw
Angelo, age 40, is comparing the premium for a $125,000 whole life insurance policy he may take now and the premium for the same policy taken out at age 45. Using the table, find the difference in total premium costs over 20 years for this policy at the two age levels. Round your answer to the nearest dollar. A 3-column table with 6 rows titled Annual life insurance premium (per 1,000 dollars of face value). Column 1 is labeled age with entries 30, 35, 40, 45, 50, 55. Column 2 is labeled whole life, male, with entries 14. 08, 17. 44, 22. 60, 27. 75, 32. 92, 38. 8. Column 3 is labeled whole life, female with entries 12. 81, 15. 86, 20. 55, 25. 24, 29. 94, 34. 64. A. $69,375 b. $11,725 c. $12,875 d. $644 Please select the best answer from the choices provided A B C D.
Answers: 2
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Angelo, age 40, is comparing the premium for a $125,000 whole life insurance policy he may take now...
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