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Use the table to find the yearly premium Typical Annual Life Insurance Premiums for Males...

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Use the table to find the yearly premium Typical Annual Life Insurance Premiums for Males per 1 000 Face Value Age 10 Year Ordinary Term Whole Life 21 72222222285286585387 24 29 30 31 33 34 39 40 4 02 a 4 06 b 4 10 4 15 4 20 4 29 4 41 4 54 4 69 4 87 5 07 5 29 5 54 5 81 6 11 6 43 6 76 7 12 7 53 8 00 11 01 11 34 11 69 12 05 12 44 12 86 13 30 110 25 558 50 13 77 14 26 14 78 15 33 15 90 16 50 17 13 17 81 18 52 19 26 20 04 20 87 21 75 103 75 20 Payment Life 19 46 19 89 20 32 20 78 21 27 21 79 22 34 22 91 23 51 24 12 24 75 25 40 26 06 26 76 27 48 28 23 28 99 29 79 30 62 31 50 20 Year Endowment 42 07 42 15 42 24 42 34 42 45 42 56 42 67 42 79 Notes 1 For semiannual premiums use 51 of the annual rate 2 For quarterly premiums use 26 of the annual rate 42 92 43 05 43 19 43 33 43 48 Christina is twenty seven years old She wishes to purchase 25 000 of twenty year term insurance What will be her annual premium 43 64 43 81 44 00 44 19 44 40 44 63 44 87 3 For monthly premiums use 9 of the annual rate 4 For females use the age of a male three years younger

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