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A person age 60 purchases a 20-year endowment insurance policy. The face amount of the policy is $120,000. What is the net annual premium

A person age 60 purchases a 20-year endowment insurance policy. The face amount of the policy is $120,000. What is the net annual premium payable for the maximum of 10 years? You are given: 60:20] 11.83689, 60:10 7.85363, E60 0.23216 and i-4.5% A. $4970.33 B. $2616,75 C. $3943.93 D. $7491.22

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