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3 years ago

What would be the premium for a 48 year old female for a straight life, $220,000 policy?

Mathematics

2 answers:

aev [14]3 years ago

6 0

Answer:

The premium of $220,000 policy is $7,018.00

B is correct.

Step-by-step explanation:

A 48 year old female take policy of $220,000 for a straight life.

We are given a table for premium.

We will see the female column of 48 year for straight life.

Table shows the premium per $1000

For 48 year old female straight life policy = $31.90 per $1000

Premium for $1000 policy value = $31.90

Premium for $1 policy value = $0.03190

Premium for $220,000 policy value = $0.03190 x 220000

= $7,018.00

Hence, The premium of $220,000 policy is $7,018.00

Natalka [10]3 years ago

5 0

The answer is B - 7,018.00

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Answer:

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2 years ago

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Answer:

Step-by-step explanation:

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Step-by-step explanation:

Here is the complete question

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