Styles 10. Don, age 38, applied for a $250,000 term-to-100 life insurance policy with a basic annual premium based on $12.25 per $1,000 of coverage and a $75 policy factor. Both the premium rate and the policy factor are subject to a modal factor of .09 if the premium is withdrawn as a monthly bank debit. How much premium will Don pay monthly if he opts for the I monthly bank debit option? (A) $261.46 (B) $275.63 (C) $281.88 (D) $282.38