Homework: Section 19.2 Homework Score: 0 of 1 pt 2 of 5 (2 complete) HW 19.1.3 What are the quarterly payments on a $200,000 universal life insurance policy for a 30-year-old male with a preferred rate? Use table 1 and table 2. E: Click the icon to view Table 1, Estimated annual life insurance premium rates per $1,000 of face value. Click the icon to view Table 2, Premium rates for periods less than one year. The quarterly payment is $(Round to two decimal places as needed.) Data Table - X Male Data Table -X PREF 35 0.87 351.17 Table 2-Premium Rates for Periods Less Period Percent of Annual Period Premium Semiannually 51.00 Quarterly 26.00 Monthly 8.75 Estimated Annual Life Insurance Premium Rates per $1,000 of Face Value 10-Year Level Term 20-Year Level Term Age Male Female Agel Female PREFNT T NT T PREF NT T PREF NT T 200.87 1.27 2.28 0.75 1.10 1.88 201.09 1.50 2.86 0.91 1.31 2.56 25 0.87 1.27 2.28 0.75 1.10 88 25 1.09 1.50 2.86 0.91 1.31 256 30 0.87 1.36 2.49 0.75 1.16 2.06 30 1.12 1.61 3.24 0.96 1.42 2.67 1.44 2.73 0.75 1.26 2.23 1.73 3.62 1.02 1.53 2.78 401.13 1.96 3.78 1.00 1.57 2.93 40 1.49 2.36 5.38 1.26 2.00 3.77 45 1.51 2.695.33 1.38 2.12 4.08 45 2.23 3.73 8.42 1.75 2.92 5.57 50 2.03 3.76 8.08 1.722.98 5.78 50 3.45 5.99 12.90 2.59 4.40 8.02 55 2.95 5.61 12.48 2.27 4.44 8.33 555.38 9.52 19.15 3.96 6.66 11.45 60 4.61 9.07 20.07 3.46 6.95 12.57 608.46 15.15 29.14 6.17 10.36 16.74 Whole Life Universal Life Age Male Female Agel Male Female PREF NT T PREF NT T PREF NT T PREF NT T 20 8.39 9.02 10.55 7.55 8.12 9.95 20 5.25 5.78 7 17 4.53 4.65 5.97 25 9.51 10.22 12.70 8 65 9.30 11.59 256.21 6.69 8.61 5.37 5 61 7.17 30 10.86 11.68 14.77 9.82 10.56 30 7.41 8.13 10.29 645 6.81 8.73 35 12.37 13.30 16.59 10.97 11.80 14.85 35 9.09 9.93 12.69 7.89 8.25 10.77 40 14.42 15.50 19.31 12.54 | 13.48 16.69 40 11.25 12.33 15.69 9.69 10.17 13.41 45 17.65 18.98 24.03 15.14 16.28 20.43 45 14.01 15.45 19.65 12.09 12.69 16.77 50 22.45 24.14 30.65 19.09 20.53 25.39 50 17.61 19.17 24.45 15.09 16.05 21.33 55 28.67 30.82 39.00 24.11 25.92 30.97 55 22.41 24.57 31.41 18.93 20.25 26.97 60 36.06 38.77 49.39 29.75 31.99 37.25 60 28.77 34.53 43.65 23.97 28 29 37.53 PREF = preferred, NT = non-tobacco, and T = tobacco usage Print Done 13.48 Enter your answer in Print Done All parts showing Clear All