Question

Use the chart above to determine the premium for 10-year term insurance. $10,000 policy for a 35-year-old male. Premium = _____?
https://clackamasweb.owschools.com/media/o_cma_2015/4/cmlifins.gif

6.11
61.10
611.00
6,110.00

Answer 1

What do you think?

Answer 2

611.00?

Answer 3

Okay so the premium for a 35yr old is $6.11 per $1,000 okay?

So here its asking how much is it for $10,000 So to solve this pretty much all you have to do is multiply 6.11 by 10.

Answer 4

thanks