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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 cent.)
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) $55,000 Age and sex of insured Type of insurance policy Annual 32 F 20-year endowmentS TABLE 20.1 Flve-year Stralght Twenty-year Age payment life Age endowment Twenty Age term 1.85 1.85 1.85 1.85 1.85 1.85 1.85 1.86 1.86 life 5.90 6.13 6.35 6.60 6.85 7.13 743 26 7.75 808 28 8.46 8.85 9.27 Life insurance rates for males (for females, subtract 3 years from the age) 8.28 8.61 8.91 9.23 9.56 9.91 10.29 10.70 13.85 14.35 14.92 15.54 16.05 17.55 17.66 21 21 21 26 19.12 20.00 20.90 21.88 22.89 23.98 25.13 26.35 2764 28.97 30.38 31.84 33.36 34.94 36.59 38.29 40.09 11.58 1.87 1.87 1.88 1.95 2.08 2.23 12.05 31 31 31 33 10.20 33 10.71 11.26 11.84 12.46 13.10 13.67 14.28 14.92 15.60 16.30 17.04 34 34 2.67 2.95 3.24 3.52 3.79 4.04 4.26 4.50 13.81 15.30 16.11 16.96 17.86 18.61 19.44 20.31 21.21 22.15
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