(20 POINTS) 1 HOUR TO ANSWER PLEASE HELP
The following table gives annual life insurance premiums per $1,000 of face value. Use the table to determine the annual premium for a $75,000 10-year term policy for a 25-year-old male. Round your answer to the nearest cent.

a.
$363.75
c.
$183.75
b.
$207.75
d.
$338.25

20 POINTS 1 HOUR TO ANSWER PLEASE HELP The following table gives annual life insurance premiums per 1000 of face value Use the table to determine the annual pre class=

Respuesta :

Answer:

The answer is A

Explanation:

363.75

The annual premium for a $75,000 10-year term policy is a. $363.75.

Which is term policy?

Term insurance is a type of lifestyle coverage that gives coverage for a specific period of time or years, i.e., a time period. This form of lifestyle coverage affords a financial gain to the nominee in case of the unfortunate demise of the insured throughout the policy time period.

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