Homework Help is Here – Start Your Trial Now!
Business
Finance
Using Table 19-1 and 19-2 Calarlate the annual, Semi annual, quarterly and monthlg (in $) for the life (Round insurance policy. Jour answer to nearest Cent)?

Using Table 19-1 and 19-2 Calarlate the annual, Semi annual, quarterly and monthlg (in $) for the life (Round insurance policy. Jour answer to nearest Cent)?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
See similar textbooks
icon
Related questions
Question
100%
I got all answers wrong:( annual premium I got 1,088. Semiannual I got $566. Quarterly I got 283. Monthly I got $98. Please help
2. Using Table 19-1 and Semi annual, quarterly insurance policy. (Round Face of Value Sex-age $40,000 Incured male-40 19-2 Calculate the annual, and monthly (in $) for the life answer to nearest Cent)? Jour Type Anqual premists Sami annual Quarterly Monthly whole ↑ life tab fn shift esc $ caps lock ! 1 control 000 FI Q A @ 2 TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value) Age 18 19 20 21 22 23 24 25 26 27 28 29 30 35 40 45 50 55 60 -30%- F2 N 2 option W Male $2.32 2.38 2.43 2.49 2.55 2.62 2.69 2.77 2.84 2.90 2.98 3.07 3.14 3.43 4.23 6.12 9.72 16.25 24.10 S 5-Year Term # 3 80 X Female $ 1.90 1.96 2.07 Term Insurance 288835836 E 2.15 2.22 2.30 2.37 2.45 2.51 2.58 2.64 2.70 2.78 2.92 3.90 5.18 8.73 12.82 19.43 command $ 4 D Male $4.33 4.42 4.49 4.57 4.64 4.70 4.79 4.85 C 4.92 5.11 5.18 5.23 5.30 6.42 7.14 R 8.81 14.19 22.03 10-Year Term 37.70 % 5 F * 12088999999633333333 Female FS $ 4.01 4.12 4.20 4.29 4.36 4.42 4.47 4.51 4.60 4.69 4.77 4.84 4.93 5.35 6.24 7.40 9.11 13.17 24.82 T V ^ 6 MacBook Air G 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 Whole Life 14.77 17.27 15.23 17.76 15.66 16.18 18.12 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 FA Y & 7 B 99 17 H U Male $23.14 24.42 25.10 32.15 37.10 42.27 48.73 56.31 61.09 70.43 25.83 26.42 27.01 27.74 28.40 29.11 29.97 30.68 31.52 8 20-Payment Life N Dil J Permanent Insurance Female Male Female $19.21 20.92 21.50 $33.22 $29.12 33.68 30.04 34.42 31.28 34.90 35.27 31.79 32.40 35.70 32.93 33.61 36.49 37.02 37.67 34,87 38.23 38.96 39.42 40.19 22.11 22.89 23.47 24.26 25.04 25.96 26.83 27.54 28.09 28.73 33.12 36.29 39.08 44.16 49.40 52.55 1 ( 9 43.67 48.20 51.11 58.49 71.28 79.15 DD 14 K M 1 20-Year Endowment O O 35.30 35.96 36.44 37,21 37.80 39.19 42.25 46.04 49,20 53.16 58.08 9 FO F10 L < I H P ep > command
Transcribed Image Text:2. Using Table 19-1 and Semi annual, quarterly insurance policy. (Round Face of Value Sex-age $40,000 Incured male-40 19-2 Calculate the annual, and monthly (in $) for the life answer to nearest Cent)? Jour Type Anqual premists Sami annual Quarterly Monthly whole ↑ life tab fn shift esc $ caps lock ! 1 control 000 FI Q A @ 2 TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value) Age 18 19 20 21 22 23 24 25 26 27 28 29 30 35 40 45 50 55 60 -30%- F2 N 2 option W Male $2.32 2.38 2.43 2.49 2.55 2.62 2.69 2.77 2.84 2.90 2.98 3.07 3.14 3.43 4.23 6.12 9.72 16.25 24.10 S 5-Year Term # 3 80 X Female $ 1.90 1.96 2.07 Term Insurance 288835836 E 2.15 2.22 2.30 2.37 2.45 2.51 2.58 2.64 2.70 2.78 2.92 3.90 5.18 8.73 12.82 19.43 command $ 4 D Male $4.33 4.42 4.49 4.57 4.64 4.70 4.79 4.85 C 4.92 5.11 5.18 5.23 5.30 6.42 7.14 R 8.81 14.19 22.03 10-Year Term 37.70 % 5 F * 12088999999633333333 Female FS $ 4.01 4.12 4.20 4.29 4.36 4.42 4.47 4.51 4.60 4.69 4.77 4.84 4.93 5.35 6.24 7.40 9.11 13.17 24.82 T V ^ 6 MacBook Air G 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 Whole Life 14.77 17.27 15.23 17.76 15.66 16.18 18.12 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 FA Y & 7 B 99 17 H U Male $23.14 24.42 25.10 32.15 37.10 42.27 48.73 56.31 61.09 70.43 25.83 26.42 27.01 27.74 28.40 29.11 29.97 30.68 31.52 8 20-Payment Life N Dil J Permanent Insurance Female Male Female $19.21 20.92 21.50 $33.22 $29.12 33.68 30.04 34.42 31.28 34.90 35.27 31.79 32.40 35.70 32.93 33.61 36.49 37.02 37.67 34,87 38.23 38.96 39.42 40.19 22.11 22.89 23.47 24.26 25.04 25.96 26.83 27.54 28.09 28.73 33.12 36.29 39.08 44.16 49.40 52.55 1 ( 9 43.67 48.20 51.11 58.49 71.28 79.15 DD 14 K M 1 20-Year Endowment O O 35.30 35.96 36.44 37,21 37.80 39.19 42.25 46.04 49,20 53.16 58.08 9 FO F10 L < I H P ep > command
TABLE 19-2 Life Insurance-Premium Factors # 3 E C Premium Paid 80 F3 Semiannually Quarterly Monthly 54 $ F4 R 1 % 5 0 F5 T C 6 MacBook Air F6 Y Percent of Annual Premium & 7 8 F7 52% 26% 9% U * 00 8 DII FB 1 61 ( 9 F9 ) 0 0 7 F10 1 P
Transcribed Image Text:TABLE 19-2 Life Insurance-Premium Factors # 3 E C Premium Paid 80 F3 Semiannually Quarterly Monthly 54 $ F4 R 1 % 5 0 F5 T C 6 MacBook Air F6 Y Percent of Annual Premium & 7 8 F7 52% 26% 9% U * 00 8 DII FB 1 61 ( 9 F9 ) 0 0 7 F10 1 P
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Life Insurance
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS