Answer: You can use this to help you out:
Determine the term life insurance amount per thousand on a 20-year-old male for a 10-year policy given that the face value of the policy is $65,000 and the annual premium is $291.85.
a.
$0.00449
c.
$0.2227
b.
$4.49
d.
$222.72
First find how many thousands on the amount of the face value
You do that by dividing the amount of the face value by 1000
65,000÷1,000=65
So the term life insurance amount per thousand is
291.85÷65=4.49...answer
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Answer:
huh?
Step-by-step explanation:
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Answer:
6.7
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