Because Brooklynn has some health issues, she must pay 15% more for life insurance. About how much more annually will a $130,000 10-year term insurance at age 40 cost Brooklynn than someone of the same age without health issues?

Because Brooklynn has some health issues, she must pay 15% more for life insurance. About how much more annually will a $130,000 10-year term insurance at age 40 cost Brooklynn than someone of the same age without health issues?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

AGE
Annual Insurance Premiums
(per $1,000 of face value)
10-Year Term
Male
1.40
Female
1.36
35
1.59
2.01
40
1.64
45
2.0F

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