Business, 16.01.2020 17:31 raizagisselle7772

(50 points) 1 hour to answer . life insurance?

1. how much will you have contributed to a 20-payment life insurance policy that has a face value of $45,200 over a 15-year period, given that the permanent insurance amount for a healthy 35-year-old female is $33.12 per thousand.
a.
$45,200
c.
$296,537.40
b.
$22,455.36
d.
$1,497.43

2. how much will you have contributed to a whole life insurance policy that has a face value of $60,000 over a 40-year period, given that the permanent insurance amount for a healthy 30-year-old male is $18.54 per thousand.
a.
$1,112.4
c.
$60,000
b.
$44,496
d.
$533,952

3. determine the term life insurance amount per thousand on a 25-year-old female for a 10-year policy given that the face value of the policy is $75,000 and the annual premium is $338.25.
a.
$4.47
c.
$0.00451
b.
$0.00447
d.
$4.51

i have attempted this quiz 4 times and even taken notes but i clearly don't understand, go to my page for the other question that will include graphs if you can < 3 you.

Answers: 1

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(50 points) 1 hour to answer . life insurance?

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