10
QuizMultiple Choice

Life Insurance

Question 10 • LVA - Mathematical Modeling - Spring

A 26-year-old male is interested in purchasing life insurance. Using the table, determine what the annual premium for a 20-Payment Life insurance policy, given that the face value of the policy is $89,657. If need be, round your answer to the nearest cent. a. $2,546.26 c. $2,687.02 b. $2,609.92 d. $2,750.68 Please select the best answer from the choices provided

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Answer
A
A
B
B
C
C
D
D