1) What are the monthly payments on a $25,000 universal-life insurance policy for a 35-year old female using a preferred rate? Round to the nearest cent.

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

Premium Rates for Periods Less than One Year Period Percent of Annual Premium Semiannually 51.00 Quarterly 26.00 Monthly 8.75

2) Find the installment price of a table bought on the installment plan with a down payment of $30 and 6 payments of $32.93.