32
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Question 32 • LVA - Mathematical Modeling - Spring

The following table gives annual life insurance premiums per $1,000 of face value. Use the table to determine the face value of a 10-year term insurance policy on a 25-year-old female given that the annual premium for the insurance policy is $384.59. If need be, round your answer to the nearest cent.

Question illustration
Answer
A
$80,290.19
B
$86,038.03
C
$85,274.94
D
$79,296.69
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