Question: Using Table 19-1 and Table 19-2, calculate the annual, semiannual, quarterly, and monthly premiums (in $) for the life insurance policy. Round your answers to


Using Table 19-1 and Table 19-2, calculate the annual, semiannual, quarterly, and monthly premiums (in $) for the life insurance policy. Round your answers to the nearest cent. urs ight Face Value of Policy Sex and Age of Insured Type of Policy Annual Premium Semiannual Premium Quarterly Premium Monthly Premium Cal gra $35,000 male-50 20-payment life $ cal Wh TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value) Age 18 19 20 21 22 23 24 25 Term Insurance 5-Year 10-Year Term Term Male Female Male Female $ 2.32 $ 1.90 $ 4.33 $4.01 2.38 1.96 4.42 4.12 2.43 2.07 4.49 4.20 2.49 2.15 4.57 4.29 2.55 2.22 4.64 4.36 2.62 2.30 4.70 4.42 2.69 2.37 4.79 4.47 2.77 2.45 4.85 4.51 2.84 2.51 4.92 4.60 2.90 2.58 5.11 4.69 2.98 2.64 5.18 4.77 3.07 2.70 4.84 3.14 2.78 5.30 4.93 3.43 2.92 6.42 5.35 4.23 3.90 7.14 6.24 6.12 5.18 8.81 7.40 9.72 8.73 14.19 9.11 16.25 12.82 22.03 13.17 24.10 19.43 37.70 24.82 Permanent Insurance 20-Payment 20-Year Life Endowment Male Female Male Female $23.14 $19.21 $33.22 $29.12 24.42 20.92 33.68 30.04 25.10 21.50 34.42 31.28 25.83 22.11 34.90 31.79 26.42 22.89 35.27 32.40 27.01 23.47 35.70 32.93 27.74 24.26 36.49 33.61 28.40 25.04 37.02 34.87 29.11 25.96 37.67 35.30 29.97 26.83 38.23 35.96 30.68 27.54 38.96 36.44 31.52 28.09 39.42 37.21 32.15 28.73 40.19 37.80 37.10 33.12 43.67 39.19 42.27 36.29 48.20 42.25 48.73 39.08 51.11 46.04 56.31 44.16 58.49 49.20 61.09 49.40 71.28 53.16 70.43 52,55 79.15 58.08 Whole Life Male Female $13.22 $11.17 13.60 11.68 14.12 12.09 14.53 12.53 14.97 12.96 15.39 13.41 15.90 13.92 16.38 14.38 16.91 14.77 17.27 15.23 17.76 15.66 18.12 16.18 18.54 16.71 24.19 22.52 27.21 25.40 33.02 29.16 37.94 33.57 45.83 37.02 53.98 42.24 26 27 28 29 30 5.23 35 40 45 SO 55 60 TABLE 19-2 Life Insurance Premium Factors Premium Paid Percent of Annual Premium 52% Semiannually Quarterly Monthly 26% 9%
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