1) Use the given table. Cindy started a whole-life insurance policy for $255,000 when she was 23 years old. At age 50, the policy has a cash value of $12,505 and Cindy converts the policy to extended term insurance for the same face value. Use 20-year level term rates to estimate the number of years of extended term insurance she has. Use a non-tobacco rate. LOADING... Click the icon to view the data table. Cindy has enter your response here years of extended term insurance. (Do not round until the final answer. Then round to two decimal places as needed.)

Estimated Annual Life Insurance Premium Rates per $1,000 of Face Value
10-Year Level Term							20-Year Level Term
Age	Male			Female			Age	Male			Female
	PREF	NT	T	PREF	NT	T		PREF	NT	T	PREF	NT	T
20	0.87	1.27	2.28	0.75	1.10	1.88	20	1.09	1.50	2.86	0.91	1.31	2.56
25	0.87	1.27	2.28	0.75	1.10	1.88	25	1.09	1.50	2.86	0.91	1.31	2.56
30	0.87	1.36	2.49	0.75	1.16	2.06	30	1.12	1.61	3.24	0.96	1.42	2.67
35	0.87	1.44	2.73	0.75	1.26	2.23	35	1.17	1.73	3.62	1.02	1.53	2.78
40	1.13	1.96	3.78	1.00	1.57	2.93	40	1.49	2.36	5.38	1.26	2.00	3.77
45	1.51	2.69	5.33	1.38	2.12	4.08	45	2.23	3.73	8.42	1.75	2.92	5.57
50	2.03	3.76	8.08	1.72	2.98	5.78	50	3.45	5.99	12.90	2.59	4.40	8.02
55	2.95	5.61	12.48	2.27	4.44	8.33	55	5.38	9.52	19.15	3.96	6.66	11.45
60	4.61	9.07	20.07	3.46	6.95	12.57	60	8.46	15.15	29.14	6.17	10.36	16.74
Whole Life							Universal Life
Age	Male			Female			Age	Male			Female
	PREF	NT	T	PREF	NT	T		PREF	NT	T	PREF	NT	T
20	8.39	9.02	10.55	7.55	8.12	9.95	20	5.25	5.78	7.17	4.53	4.65	5.97
25	9.51	10.22	12.70	8.65	9.30	11.59	25	6.21	6.69	8.61	5.37	5.61	7.17
30	10.86	11.68	14.77	9.82	10.56	13.48	30	7.41	8.13	10.29	6.45	6.81	8.73
35	12.37	13.30	16.59	10.97	11.80	14.85	35	9.09	9.93	12.69	7.89	8.25	10.77
40	14.42	15.50	19.31	12.54	13.48	16.69	40	11.25	12.33	15.69	9.69	10.17	13.41
45	17.65	18.98	24.03	15.14	16.28	20.43	45	14.01	15.45	19.65	12.09	12.69	16.77
50	22.45	24.14	30.65	19.09	20.53	25.39	50	17.61	19.17	24.45	15.09	16.05	21.33
55	28.67	30.82	39.00	24.11	25.92	30.97	55	22.41	24.57	31.41	18.93	20.25	26.97
60	36.06	38.77	49.39	29.75	31.99	37.25	60	28.77	34.53	43.65	23.97	28.29	37.53

PREF=preferred, NT=non-tobacco, and T=tobacco usage.