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Tables 12-1 and 12-2 Semi Semi Semi- Age Annual 25 $17.20 17.85 18.60 19.30 annual...

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Accounting

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Tables 12-1 and 12-2 Semi Semi Semi- Age Annual 25 $17.20 17.85 18.60 19.30 annual Quarterl Annual $31.20 31 81 32.41 33.06 annual Quarterl $8.94 9.28 9.67 10.04 Annual annul Quarterl $8.26 $52.00 $27.04 $14.30 4.47 14.63 14.81 $4.73 26 27 28 4.91 5.11 5.31 $16.26 16.52 16.83 17.31 8.24 8.64 8.85 52.60 53.20 53.86 27.35 27.66 28.01 Table 12-1. Typical Premiums for $1,000 Life Insurance ar Endowmen 35 104 68 93 228 130 173 10 84 Table 12-2. Cash Surrenderedand Loan Values of Policies Issued at age 25 for $1,000 An insured 25 year old purchased a $50,000, 20-year endowment policy with quarterly premiums. Ten years later he needed the maximum loan available on the policy How much more had the insured paid in premiums than he could borrow on the policy? Refer to Table 12-1 and 12-2 above. (1 year = 12 months.)

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