Use the table above to find the yearly premiums in each of the following cases.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

Question

Use the table above to find the yearly premiums in each of the following cases.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

anonymous · Answer

https://clackamasweb.owschools.com/media/o_cma_2015/4/cmlifins.gif

flcon04 · Answer

Okay so what do you think the answer to this is? Pay careful attention on the noted at the end of the picture.

anonymous · Answer

thanks

flcon04 · Answer

So his premium per a $1,000 for the 20 payment plan is 28.23. Now he is taking $30,000 insurance so pretty much multiply 28.23 by 30. and you will find the answer.