Mathematics, 13.10.2019 08:50, user1234536
1. the sample life insurance premium table illustrates the monthly premium for every $25,000 of coverage.
lydia, a 25-year-old nonsmoker, wants to purchase $100,000 in coverage for herself and $50,000 for her spouse, who is male, 23 years old, and smokes. what will the insurance premium be?
a.
$23.00
b.
$26.30
c.
$32.00
d.
$38.60
2. using the table, what is the probability of living another year for a man 35 to 44 years of age?
a.
0.994539
b.
0.997359
c.
0.998596
d.
0.986680
(the first table is for question one, and the second table is for question two.)
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