Question: I would like the answer This question: 10 point(s) possible Use the given table. Compare the premiums for a 20-year level term policy for $84,000

I would like the answer

This question: 10 point(s) possible Use the given table. Compare the premiums for a 20-year level term policy for $84,000 for a 40-year-old male to the same policy for a 40-year-old female. Use a non-tobacco rate. Eff Click the icon to view the data table. Data table - X Select the correct choice and fill in the answer box to complete your choice. (Type an integer or a decimal.) Estimated Annual Life Insurance Premium Rates per $1,000 of Face Value O A. The female pays a premium that is $ higher. 10-Year Level Term 20-Year Level Term Age Male Female Age Male Female O B. The male pays a premium that is $ higher. PREF NT T PREF NT PREF NT PREF NT 20 0.87 1.27 2.28 0.75 1.10 1.88 20 1.09 1.50 2.86 0.91 1.31 2.56 25 0.87 1.27 2.28 0.75 1.10 1.88 25 1.09 1.50 2.86 0.91 1.31 2.56 30 0.87 1.36 2.49 0.75 1.16 2.06 30 1.12 1.61 3.24 0.96 1.42 2.67 35 0.87 1.44 2.73 0.75 1.26 2.23 35 1.17 1.73 3.62 1.02 1.53 2.78 40 1.13 1.96 3.78 1.00 1.57 2.93 40 1.49 2.36 5.38 1.26 2.00 3.77 45 1.51 2.69 5.33 1.38 2.12 4.08 5 2.23 3.73 8.42 1.75 2.92 5.57 50 2.03 3.76 8.08 1.72 2.98 5.78 50 3.45 5.99 12.90 2.59 4.40 8.02 55 2.95 5.61 12.48 2.27 4.44 8.33 55 5.38 9.52 19.15 3.96 6.66 11.45 60 4.61 9.07 20.07 3.46 6.95 12.57 60 8.46 15.15 29.14 6.17 10.36 16.74 Whole Life Universal Life Age Male Female Age Male Female PREF NT T PREF NT PREF NT T PREF NT 20 8.39 9.02 10.55 7.55 8.12 9.95 20 5.25 5.78 7.17 4.53 4.65 5.97 25 9.51 10.22 12.70 8.65 9.30 11.59 25 6.21 6.69 8.61 5.37 5.61 7.17 30 10.86 11.68 14.77 9.82 10.56 13.48 30 7.41 8.13 10.29 6.45 6.81 8.73 35 12.37 13.30 16.59 10.97 11.80 14.85 35 9.09 9.93 12.69 7.89 8.25 10.77 40 14.42 15.50 19.31 12.54 13.48 16.69 40 11.25 12.33 15.69 9.69 10.17 13.41 45 17.65 18.98 24.03 15.14 16.28 20.43 45 14.01 15.45 19.65 |12.09 12.69 16.77 50 22.45 24.14 30.65 19.09 20.53 25.39 50 17.61 19.17 24.45 15.09 16.05 21.33 55 28.67 30.82 39.00 24.11 25.92 30.97 55 22.41 24.57 31.41 18.93 20.25 26.97 60 36.06 38.77 49.39 29.75 31.99 37.25 60 28.77 34.53 43.65 23.97 28.29 37.53 PREF = preferred, NT = non-tobacco, and I = tobacco usage

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