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jon2202:
Taylor Breen took out a $100,000, 5-year term policy at age 48. The premium per $1,000 was $4.70. He will be 53 years old next year when the premium per $1,000 will be $6.40. What is the amount of the increase?
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jhonyy9:
so than you see the premium per $1000 at age 48 was $4,70 ,and after 5 years at age 53 the premium per $1000 will be $6,40 how you think how you will can calcule the amount of the increase ?
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