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Mathematics
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Annual Premium per $1000 Age Smoker Age Non-Smoker 10 year 20 year 20 25 2.55 3.60 25 30 3.12 5.74 30 35 3.80 7.85 35 40 4.25 9.36 Some insurance companies charge more if you smoke cigarettes. What is the difference in the annual life insurance premiums paid by a 35 year old smoker and a 35 year old non-smoker, if they both take out a $100,000 policy for 20 y term? $151 $259 $765 9.35
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