Using Table 19-1 and Table 19-2, calculate the annual, semiannual, quarterly, and monthly premiums (in $)...

  

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Using Table 19-1 and Table 19-2, calculate the annual, semiannual, quarterly, and monthly premiums (in $) for the life insurance policy. Round your answers to the nearest cent. Face Value Sex and Age of Policy of Insured Type of Policy Annual Premium Semiannual Premium Quarterly Premium Monthly Premium $70,000 male-40 whole life $ $ $ TABLE 19-2 Life Insurance-Premium Term Insurance Permanent Insurance 5-Year Term 10-Year Term Whole 20-Payment 20-Year Life Life Endowment Factors Age Male Female Male Female Male Female Male Female Male Female 18 $2.32 $1.90 $4.33 $4.01 $13.22 SIL17 $23.14 $19.21 $33.22 $29.12 19 2.38 1.96 4.42 4.12 13.60 11.68 24.42 20.92 33.68 30.04 Premium Percent of 20 2.43 207 4.49 4.20 14.12 12.09 25.10 21.50 34.42 31.28 21 2.49 2.15 -4.57 4.29 14.53 12.53 25.83 22.11 Paid 34.90 31.79 Annual 22 2.55 2.22 4.64 4.36 14.97 12.96 26.42 22.89 35.27 32.40 23 Premium 2.62 2.30 4.70 4.42 15.39 13.41 27.01 23.47 35.70 32.93 24 2.69 2.37 4.79 4.47 15.90 13.92 27.74 24.26 36.49 33.61 25 2.77 Semiannually 2.45 4.85 4.51 16.38 14.38 28.40 25.04 37.02 34.87 52% 26 2.84 2.51 4.92 4.60 16.91 14.77 29.11 25.96 37.67 35.30 Quarterly 26% 27 2.90 2.58 5.11 4.69 17.27 15.23 29.97 26.83 38.23 35.96 28 2.98 2.64 5.18 4.77 17.76 15.66 Monthly 30.68 27.54 38.96 36.44 9% 29 3.07 2.70 5.23 4.84 18.12 16.18 31.52 28.09 39.42 37.21 30 3.14 2.78 5.30 4.93 18.54 16.71 32.15 28.73 40.19 37.80 35 3.43 2.92 6.42 5.35 24.19 22.52 37.10 33.12 43.67 39.19 40 4.23 3.90 7.14 6.24 27.21 25.40 42.27 36.29 48.20 42.25 45 6.12 5.18 8.81 7.40 33.02 29.16 48.73 39.08 51.11 46.04 50 9.72 8.73 14.19 9.11 37.94 33.57 56.31 44.16 58.49 49.20 55 16.25 12.82 22.03 13.17 45.83 37.02 61.09 49.40 71.28 53.16 600 24.10 19.43 37.70 24.82 53.98 42.24 70.43 52.55 79.15 58.08 Using Table 19-1 and Table 19-2, calculate the annual, semiannual, quarterly, and monthly premiums (in $) for the life insurance policy. Round your answers to the nearest cent. Face Value Sex and Age of Policy of Insured Type of Policy Annual Premium Semiannual Premium Quarterly Premium Monthly Premium $70,000 male-40 whole life $ $ $ TABLE 19-2 Life Insurance-Premium Term Insurance Permanent Insurance 5-Year Term 10-Year Term Whole 20-Payment 20-Year Life Life Endowment Factors Age Male Female Male Female Male Female Male Female Male Female 18 $2.32 $1.90 $4.33 $4.01 $13.22 SIL17 $23.14 $19.21 $33.22 $29.12 19 2.38 1.96 4.42 4.12 13.60 11.68 24.42 20.92 33.68 30.04 Premium Percent of 20 2.43 207 4.49 4.20 14.12 12.09 25.10 21.50 34.42 31.28 21 2.49 2.15 -4.57 4.29 14.53 12.53 25.83 22.11 Paid 34.90 31.79 Annual 22 2.55 2.22 4.64 4.36 14.97 12.96 26.42 22.89 35.27 32.40 23 Premium 2.62 2.30 4.70 4.42 15.39 13.41 27.01 23.47 35.70 32.93 24 2.69 2.37 4.79 4.47 15.90 13.92 27.74 24.26 36.49 33.61 25 2.77 Semiannually 2.45 4.85 4.51 16.38 14.38 28.40 25.04 37.02 34.87 52% 26 2.84 2.51 4.92 4.60 16.91 14.77 29.11 25.96 37.67 35.30 Quarterly 26% 27 2.90 2.58 5.11 4.69 17.27 15.23 29.97 26.83 38.23 35.96 28 2.98 2.64 5.18 4.77 17.76 15.66 Monthly 30.68 27.54 38.96 36.44 9% 29 3.07 2.70 5.23 4.84 18.12 16.18 31.52 28.09 39.42 37.21 30 3.14 2.78 5.30 4.93 18.54 16.71 32.15 28.73 40.19 37.80 35 3.43 2.92 6.42 5.35 24.19 22.52 37.10 33.12 43.67 39.19 40 4.23 3.90 7.14 6.24 27.21 25.40 42.27 36.29 48.20 42.25 45 6.12 5.18 8.81 7.40 33.02 29.16 48.73 39.08 51.11 46.04 50 9.72 8.73 14.19 9.11 37.94 33.57 56.31 44.16 58.49 49.20 55 16.25 12.82 22.03 13.17 45.83 37.02 61.09 49.40 71.28 53.16 600 24.10 19.43 37.70 24.82 53.98 42.24 70.43 52.55 79.15 58.08

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