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Calculate the annual premium for the following policy. (Use Table 20.1.) (for females subtract 3 years from the table.) (Round your answer to the nearest
Calculate the annual premium for the following policy. (Use Table 20.1.) (for females subtract 3 years from the table.) (Round your answer to the nearest cent.) Amount of coverage (face value of policy) 110,000 Age and sex of insured Type of Insurance policy Straight life Annual premium 45 F Five-year term Twenty-year endowment Age Age 20 21 22 23 Age 20 21 Age 20 21 20 21 22 23 13.85 14.35 22 14.92 22 23 23 24 24 25 24 25 25 26 27 28 26 27 26 27 28 29 1.85 1.85 1.85 1.85 1.85 1.85 1.85 1.86 1.86 1.87 1.87 1.87 1.88 1.95 2.08 2.23 2.44 2.67 2.95 24 25 26 27 28 29 15.54 16.05 17.55 17.66 18.33 19.12 20.00 20.90 28 29 29 30 30 30 30 31 32 31 Straight life 5.90 6.13 6.35 6.60 6.85 7.13 7.43 7.75 8.08 8.46 8.85 9.27 9.71 10.20 10.71 11.26 11.84 12.46 13.12 13.81 14.54 15.30 16.11 16.96 17.86 31 Twenty- payment life 8.28 8.61 8.91 9.23 9.56 9.91 10.29 10.70 11.12 11.58 12.05 12.57 13.10 13.67 1428 14.92 15.60 16.30 17.04 17.81 18.61 19.44 20.31 21.21 22.15 31 21.88 22.89 32 32 33 32 33 33 34 35 34 35 36 37 36 37 38 34 35 36 37 38 39 40 41 42 43 38 39 33 34 35 36 37 38 39 40 41 42 43 23.98 25.13 26.35 27.64 28.97 30.38 31.84 33.36 34.94 36.59 38.29 40.09 3.24 3.52 3.79 4.04 4.26 4.50 39 40 41 42 43 40 41 42 43 44 44 44 44
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