Using Exhibit 12-2, determine the life expectancy of a 40-year-old male. Exhibit 12-2 Life expectancy tables, all
Question:
Using Exhibit 12-2, determine the life expectancy of a 40-year-old male.
Transcribed Image Text:
Exhibit 12-2 Life expectancy tables, all races, 2018 This table helps insurance companies determine insurance premiums. Use the table to find the average number of additional years a 25-year-old male and female are expected to live. Expectation of Life in Years Female 81.2 80.7 76.7 71.8 Age Male 0 76.2 1 75.7 5 71.8 10 66.8 15 20 25 61.9 57.1 52.4 66.8 61.9 57.0
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
ANSWER To determine the life expectancy of a ...View the full answer
Answered By
Carly Cimino
As a tutor, my focus is to help communicate and break down difficult concepts in a way that allows students greater accessibility and comprehension to their course material. I love helping others develop a sense of personal confidence and curiosity, and I'm looking forward to the chance to interact and work with you professionally and better your academic grades.
4.30+
12+ Reviews
21+ Question Solved
Related Book For
Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
Using Exhibit 12-2, determine the life expectancy of a 60-year-old female. Exhibit 12-2 Life expectancy tables, all races, 2018 This table helps insurance companies determine insurance premiums. Use...
-
Using Exhibit 12-1, determine the life expectancy of a 40-year old male.
-
1. Connie was born in 1968. she is an engineering consultant and earns more than $90,000 per year. She saves very little money because she prefers to spend It on a luxurious apartment, clothes,...
-
A 60-kHz radio transmitter sends an electromagnetic wave to a receiver 21 km away. The signal also travels to the receiver by another path where it reflects from a helicopter as shown. Assume that...
-
In your audit of Jose Oliva Company, you find that a physical inventory on December 31, 2008, showed merchandise with a cost of $441,000 was on hand at that date. You also discover the following...
-
The study of organisational behaviour is beneficial to managers because _________. a. managers who cannot cite important organisational behaviour texts rarely get promoted b. it enables them to be...
-
The number of degrees of freedom for a system consisting of the gases \(\mathrm{CO}, \mathrm{CO}_{2}, \mathrm{H}_{2}\), \(\mathrm{H}_{2} \mathrm{O}\) and \(\mathrm{CH}_{4}\) in chemical equilibrium...
-
You have the following information for McBride Inc. for the month ended October 31, 2012. McBride uses a periodic method for inventory. Instructions(a) Calculate(i) Ending inventory ,(ii) Cost of...
-
1. Explain why these schools are generally recognized as Hamiltonian, Jeffersonian, Jacksonian, and Wilsonian. Some scholars also recognize Transcendentalists, who are intensely individualistic. 2....
-
When Howard Foth died in the current year, in addition to his $10,745,000 of certificates of deposit and investment property worth $200,000, the following facts were disclosed by the executor: a. In...
-
Suppose that yours is a typical family. Your annual income is $55,000. Use the easy method to determine your need for life insurance.
-
Gene, an assembly line worker at an automobile manufacturing plant, has take-home pay of $900 a week. He is injured in an accident that kept him off work for 18 weeks. His disability insurance...
-
How much heat evolves when 10.0 g of hydrazine reacts according to the reaction described in Exercise 6.3?
-
Two credit cards both state an APR of 15%. First National Bank's card charges 1.25% compounded monthly. First United Bank's card charges 7.5% compounded semiannually (twice a year). Given these...
-
Luke's turkey chili recipe calls for 2.5 pounds of ground turkey for every 10 servings. How many servings can he make if he has 6 pounds of ground turkey? Complete the explanation. When entering the...
-
Stevenhas cash in a savings account totaling $14250, and his monthly expenses are $2850. What is his emergency fund ratio? a. 3 b. 0.29 c. 8 d. 5
-
The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31. a. On July 31, the company's Cash account has a $25,768...
-
How long until a lump - sum investment of $ 2 2 , 0 0 0 becomes $ 8 0 , 0 0 0 at 5 . 1 % annual interest compounded monthly?
-
A retail study by Deloitte revealed that 54% of adults surveyed believed that plastic, non-compostable shopping bags should be banned. Suppose 41% of adults regularly recycle aluminum cans and...
-
Aztec Furnishings makes hand-crafted furniture for sale in its retail stores. The furniture maker has recently installed a new assembly process, including a new sander and polisher. With this new...
-
Explain how you would forecast the following expense items for an upcoming budget year: a. Mortgage payments b. Food and household items c. Income and other payroll taxes d. Family members personal...
-
Briefly describe four procedures that might simplify bookkeeping activities connected with recording monthly income and expense amounts.
-
Explain the relationship among the budget, the income statement, and cumulative variances. Also discuss possible situations that might warrant making changes in a budget during the year.
-
What are some of the factors that should be taken into account when you are recruiting and selecting?
-
A person donates a plot of land within a developed residential area to an entity. The land is currently used as a playground. The donor specifies that the entity must continue using the land as a...
-
CPA Exam Adapted: A company purchased a computer on May 1, for $12,000 with an estimated salvage value of $1,500 and a 3-year life. What is the depreciation expense for the year ended December 31,...
Humanizing The Economy Cooperatives In The Age Of Capital 1st Edition - ISBN: 086571651X - Free Book
Study smarter with the SolutionInn App