$1$

Problem $12-43($LO $12-3)($Static$)$

$\mathrm{.}57$

oints

Gray's employer is now offering group$-$term life insurance. The comp insurance. It costs Gray's employer $$300$ to provide this amount of ir

Assuming that Gray is $52$ years old, determine the monthly premium group$-$term life insurance benefit. Use Exhibit $12-08.$

Note: Round your answer to two decimal places.

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Monthly premium