TABLE 19-2Life Insurance-PremiumFactorsPremiumPercent ofPaidAnnualPremiumSemiannuallyQuarterlyMonthly52%26%9%TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value)Term InsurancePermanent Insurance5-Year10-YearWhole20-Payment20-YearTermTermLifeLifeEndowmentAgeMaleFemaleMaleFemaleMaleFemaleMaleFemaleMaleFemale$ 2.322.3818$ 1.90$ 4.33$4.01$13.22$11.17$23.14$19.21$33.22$29.12191.964.424.1213.6011.6824.4220.9233.6830.04202.432.074.494.2014.1212.0925.1021.5034.4231.28212.492.154.574.2914.5312.5325.8322.1134.9031.79222.552.224.644.3614.9712.9626.4222.8935.2732.40232.622.304.704.4215.3913.4127.0123.4735.7032.93242.692.374.794.4715.9013.9227.7424.2636.4933.61252.772.454.854.5116.3814.3828.4025.0437.0234.8714.7735.3035.96262.842.514.924.6016.9129.1125.9637.67272.902.585.114.6917.2715.2329.9726.8338.23282.982.645.184.7717.7615.6630.6827.5438.9636.4431.5232.15293.072.705.234.8418.1216.1828.0939.4237.21303.142.785.304.9318.5416.7128.7340.1937.80353.432.926.425.3524.1922.5237.1033.1243.6739.19404.233.907.146.2427.2125.4042.2736.2948.2042.25456.125.188.817.4033.0229.1648.7339.0851.1146.0449.20509.728.7314.199.1137.9433.5756.3144.1658.495516.2512.8222.0313.1745.8337.0261.0949.4071.2853.166024.1019.4337.7024.8253.9842.2470.4352.5579.1558.08 How much would Olga's semiannual premium be for a five-year term insurance policy with a face value of $330,000, based on Table 19-1 and Table 19-2 from your text? She turned 26 years old on her last birthday. (Round your answer tothe nearest cent.)O $215.36O $243.67O $430.72O $487.34

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Description: TABLE 19-2Life Insurance-PremiumFactorsPremiumPercent ofPaidAnnualPremiumSemiannuallyQuarterlyMonthly52%26%9%TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value)Term InsurancePermanent Insurance5-Year10-YearWhole20-Payment20-YearTerm

According to the given information, Face value = $330000 Insurance term = 5 years Gender = Female…

Math

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How much would Olga's semiannual premium be for a five-year term insurance policy with a face value of $330,000, based on Table 19-1 and Table 19-2 from your text? She turned 26 years old on her last birthday. (Round your answer to the nearest cent.) O $215.36 O $243.67 O $430.72 O $487.34

How much would Olga's semiannual premium be for a five-year term insurance policy with a face value of $330,000, based on Table 19-1 and Table 19-2 from your text? She turned 26 years old on her last birthday. (Round your answer to the nearest cent.) O $215.36 O $243.67 O $430.72 O $487.34

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Topic Video

Question

TABLE 19-2
Life Insurance-Premium
Factors
Premium
Percent of
Paid
Annual
Premium
Semiannually
Quarterly
Monthly
52%
26%
9%
TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value)
Term Insurance
Permanent Insurance
5-Year
10-Year
Whole
20-Payment
20-Year
Term
Term
Life
Life
Endowment
Age
Male
Female
Male
Female
Male
Female
Male
Female
Male
Female
$ 2.32
2.38
18
$ 1.90
$ 4.33
$4.01
$13.22
$11.17
$23.14
$19.21
$33.22
$29.12
19
1.96
4.42
4.12
13.60
11.68
24.42
20.92
33.68
30.04
20
2.43
2.07
4.49
4.20
14.12
12.09
25.10
21.50
34.42
31.28
21
2.49
2.15
4.57
4.29
14.53
12.53
25.83
22.11
34.90
31.79
22
2.55
2.22
4.64
4.36
14.97
12.96
26.42
22.89
35.27
32.40
23
2.62
2.30
4.70
4.42
15.39
13.41
27.01
23.47
35.70
32.93
24
2.69
2.37
4.79
4.47
15.90
13.92
27.74
24.26
36.49
33.61
25
2.77
2.45
4.85
4.51
16.38
14.38
28.40
25.04
37.02
34.87
14.77
35.30
35.96
26
2.84
2.51
4.92
4.60
16.91
29.11
25.96
37.67
27
2.90
2.58
5.11
4.69
17.27
15.23
29.97
26.83
38.23
28
2.98
2.64
5.18
4.77
17.76
15.66
30.68
27.54
38.96
36.44
31.52
32.15
29
3.07
2.70
5.23
4.84
18.12
16.18
28.09
39.42
37.21
30
3.14
2.78
5.30
4.93
18.54
16.71
28.73
40.19
37.80
35
3.43
2.92
6.42
5.35
24.19
22.52
37.10
33.12
43.67
39.19
40
4.23
3.90
7.14
6.24
27.21
25.40
42.27
36.29
48.20
42.25
45
6.12
5.18
8.81
7.40
33.02
29.16
48.73
39.08
51.11
46.04
49.20
50
9.72
8.73
14.19
9.11
37.94
33.57
56.31
44.16
58.49
55
16.25
12.82
22.03
13.17
45.83
37.02
61.09
49.40
71.28
53.16
60
24.10
19.43
37.70
24.82
53.98
42.24
70.43
52.55
79.15
58.08

How much would Olga's semiannual premium be for a five-year term insurance policy with a face value of $330,000, based on Table 19-1 and Table 19-2 from your text? She turned 26 years old on her last birthday. (Round your answer to
the nearest cent.)
O $215.36
O $243.67
O $430.72
O $487.34

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