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anonymous

  • one year ago

https://fortworthisd.owschools.com/media/o_cma_2014/4/cmlifins.gif George Anderson takes out $30,000 of a twenty-payment life insurance. If he is thirty-six years old, what annual premium does he pay? 555.60 824.40 846.90 1,320

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  1. anonymous
    • one year ago
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    can you help @welshfella

  2. anonymous
    • one year ago
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    @ganeshie8

  3. anonymous
    • one year ago
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    okay thanks i did !

  4. welshfella
    • one year ago
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    read it off the table 20-payment , age 36, per $1000 - what do you get?

  5. welshfella
    • one year ago
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    * 20-payment life

  6. welshfella
    • one year ago
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    - then multiply that amount by 30 ( for 30,000)

  7. anonymous
    • one year ago
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    846.900?

  8. welshfella
    • one year ago
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    correct

  9. welshfella
    • one year ago
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    28.23 * 30

  10. anonymous
    • one year ago
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    thanks

  11. anonymous
    • one year ago
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    Tom Harris, a young father, is twenty-four years old. He wishes to purchase $7,000 of a ten-year term insurance. What will be his annual premium?

  12. anonymous
    • one year ago
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    can you help me on this one too its the same graph

  13. anonymous
    • one year ago
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    Tom Harris, a young father, is twenty-four years old. He wishes to purchase $7,000 of a ten-year term insurance. What will be his annual premium?

  14. welshfella
    • one year ago
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    what do you read off the graph ?

  15. anonymous
    • one year ago
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    10-term insures 24 years old and 7,000 o the the graph i see 4.15 for 10 years term

  16. welshfella
    • one year ago
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    4 .15 is for $1000 but he wants $7000

  17. anonymous
    • one year ago
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    so do i multiply 4.15 *7

  18. welshfella
    • one year ago
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    yep

  19. anonymous
    • one year ago
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    ohh okay okay so the answer is 29.05

  20. anonymous
    • one year ago
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    ?

  21. welshfella
    • one year ago
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    right

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