17
QuizMultiple Choice

Life Insurance

Question 17 • LVA - Mathematical Modeling - Spring

You are 25-year-old healthy male and interested in purchasing life insurance. Using the table, determine what the annual premium for a 20-Year Endowment insurance police, given that the face value of the policy is $89,753. If need be, round your answer to the nearest cent.

Question illustration
Answer
A
$3,431.26
B
$3,496.78
C
$3,322.66
D
$3,381.00
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