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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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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can you help @welshfella
okay thanks i did !

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Other answers:

read it off the table 20-payment , age 36, per $1000 - what do you get?
* 20-payment life
- then multiply that amount by 30 ( for 30,000)
846.900?
correct
28.23 * 30
thanks
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?
can you help me on this one too its the same graph
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?
what do you read off the graph ?
10-term insures 24 years old and 7,000 o the the graph i see 4.15 for 10 years term
4 .15 is for $1000 but he wants $7000
so do i multiply 4.15 *7
yep
ohh okay okay so the answer is 29.05
?
right

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