Please use table for the questions

Problem: CBS News reported four ways to cut down on the cost of life insurance: 1. Shop around for the best rates from reputable companies, 2. Improve your life expectancy by quitting smoking, etc., 3. Buy life insurance when you are young, and 4. Negotiate for lower premiums. Warren Kawano, age 34, was quoted $20 per month for a $100,000, 5-year term life insurance policy. Compare this to the rates in Table 20.1.

Annual premium using table	$
Annual premium	$

TABLE 20.1 Life insurance rates for males (for females, subtract 3 years from the age) Age 25 26 30 31 32 33 34 35 36 38 39 40 41 44 Five-year term 1.85 1.85 1.85 1.85 1.85 1.85 1.85 1.86 1.86 1.87 1.88 1.95 2.08 2.67 2.95 3.52 379 4.04 4.26 4.50 Age 20 25 26 30 32 35 36 37 38 39 40 44 Stralght 5.90 6.13 6.35 6.60 6.85 713 775 8.08 8.46 8.85 9.71 10.20 10.71 11.26 11.84 12.46 1312 14.54 15.30 16.11 16.96 1786 Twenty- Twenty-year Age payment life Age endowment 8.28 13.85 14.35 8.61 14.92 8.91 15.54 9.56 16.05 25 25 17.55 1766 26 10.29 10.70 18.33 19.12 20.00 11.58 12.05 20.90 30 30 21.88 31 12.57 22.89 32 13.10 32 13.67 23.98 14.28 25.13 34 35 14.92 35 26.35 15.60 36 36 27.64 16.30 28.97 37 37 30.38 38 17.04 38 39 39 31.84 40 18.61 40 33.36 34.94 19.44 36.59 20.31 38.29 22.15 40.09