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TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value) Age 18 $2.32 19 20 21 22 23 24 25 26 27 28 29 30 35 40 45 50 55 60 Male 2.38 2.43 2.49 2.55 2.62 2.69 2.77 2.84 2.90 2.98 3.07 3.14 5-Year Term 3.43 4.23 6.12 9.72 16.25 24.10 Term Insurance Female $ 1.90 1.96 2.07 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 10-Year Term Male $4.33 4.42 4.49 4.57 4.64 4.70 4.79 4.85 4.92 5.11 5.18 5.23 5.30 6.42 7.14 8.81 14.19 22.03 37.70 Female $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 Whole Life Male Female $13.22 $11.17 13.60 11.68 14.12 12.09 14.53 14.97 15.39 15.90 16.38 16.91 17.27 17.76 12.53 12.96 13.41 24.19 27.21 33.02 13.92 14.38 14.77 15.23 15.66 18.12 16.18 18.54 16.71 22.52 25.40 29.16 37.94 33.57 45.83 37.02 53.98 42.24 Permanent Insurance 20-Payment Life Female Male $23.14 $19.21 24.42 20.92 25.10 21.50 25.83 26.42 27.01 27.74 28.40 29.11 29.97 30.68 31.52 32.15 37.10 42.27 48.73 56.31 61.09 70.43 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 20-Year Endowment fale Female $33.22 $29.12 33.68 30.04 34.42 31.28 34.90 35.27 35.70 36.49 37.02 37.67 38.23 38.96 39.42 40.19 43.67 48.20 51.11 58.49 71.28 79.15 31.79 32.40 32.93 33.61 34.87 35.30 35.96 36.44 37.21 37.80 39.19 42.25 46.04 49.20 53.16 58.08

TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value) Age 18 $2.32 19 20 21 22 23 24 25 26 27 28 29 30 35 40 45 50 55 60 Male 2.38 2.43 2.49 2.55 2.62 2.69 2.77 2.84 2.90 2.98 3.07 3.14 5-Year Term 3.43 4.23 6.12 9.72 16.25 24.10 Term Insurance Female $ 1.90 1.96 2.07 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 10-Year Term Male $4.33 4.42 4.49 4.57 4.64 4.70 4.79 4.85 4.92 5.11 5.18 5.23 5.30 6.42 7.14 8.81 14.19 22.03 37.70 Female $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 Whole Life Male Female $13.22 $11.17 13.60 11.68 14.12 12.09 14.53 14.97 15.39 15.90 16.38 16.91 17.27 17.76 12.53 12.96 13.41 24.19 27.21 33.02 13.92 14.38 14.77 15.23 15.66 18.12 16.18 18.54 16.71 22.52 25.40 29.16 37.94 33.57 45.83 37.02 53.98 42.24 Permanent Insurance 20-Payment Life Female Male $23.14 $19.21 24.42 20.92 25.10 21.50 25.83 26.42 27.01 27.74 28.40 29.11 29.97 30.68 31.52 32.15 37.10 42.27 48.73 56.31 61.09 70.43 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 20-Year Endowment fale Female $33.22 $29.12 33.68 30.04 34.42 31.28 34.90 35.27 35.70 36.49 37.02 37.67 38.23 38.96 39.42 40.19 43.67 48.20 51.11 58.49 71.28 79.15 31.79 32.40 32.93 33.61 34.87 35.30 35.96 36.44 37.21 37.80 39.19 42.25 46.04 49.20 53.16 58.08

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
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People 19–2 is premium paid and percent of annual premium.  Semi annually, 52%, quarterly 26% monthly 9% 
TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value) Age 18 $2.32 19 20 21 22 23 24 25 26 27 28 29 30 Male 2.38 2.43 2.49 2.55 2.62 2.69 2.77 2.84 2.90 2.98 3.07 3.14 5-Year Term 35 3.43 40 4.23 45 6.12 50 9.72 55 16.25 60 24.10 Term Insurance Female $ 1.90 1.96 2.07 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 10-Year Term Male $4.33 4.42 4.49 4.57 4.64 4.70 4.79 4.85 4.92 5.11 5.18 5.23 5.30 6.42 7.14 8.81 14.19 22.03 37.70 Female $ 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 O Whole Life Male Female $13.22 $11.17 13.60 11.68 14.12 12.09 14.53 14.97 15.39 15.90 16.38 16.91 17.27 17.76 18.12 18.54 24.19 27.21 33.02 37.94 45.83 53.98 + 12.53 12.96 13.41 13.92 14.38 14.77 15.23 15.66 16.18 16.71 22.52 25.40 29.16 33.57 37.02 42.24 @ ↓ Permanent Insurance 20-Payment Life Male $23.14 24.42 25.10 25.83 26.42 27.01 27.74 28.40 29.11 29.97 30.68 31.52 32.15 37.10 42.27 48.73 56.31 61.09 70.43 Female $19.21 20.92 21.50 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 20-Year Endowment Male $33.22 33.68 34.42 34.90 35.27 35.70 36.49 37.02 37.67 38.23 38.96 39.42 40.19 43.67 48.20 51.11 58.49 71.28 79.15 Female $29.12 30.04 31.28 31.79 32.40 32.93 33.61 34.87 35.30 35.96 36.44 37.21 37.80 39.19 42.25 46.04 49.20 53.16 58.08
Transcribed Image Text:TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value) Age 18 $2.32 19 20 21 22 23 24 25 26 27 28 29 30 Male 2.38 2.43 2.49 2.55 2.62 2.69 2.77 2.84 2.90 2.98 3.07 3.14 5-Year Term 35 3.43 40 4.23 45 6.12 50 9.72 55 16.25 60 24.10 Term Insurance Female $ 1.90 1.96 2.07 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 10-Year Term Male $4.33 4.42 4.49 4.57 4.64 4.70 4.79 4.85 4.92 5.11 5.18 5.23 5.30 6.42 7.14 8.81 14.19 22.03 37.70 Female $ 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 O Whole Life Male Female $13.22 $11.17 13.60 11.68 14.12 12.09 14.53 14.97 15.39 15.90 16.38 16.91 17.27 17.76 18.12 18.54 24.19 27.21 33.02 37.94 45.83 53.98 + 12.53 12.96 13.41 13.92 14.38 14.77 15.23 15.66 16.18 16.71 22.52 25.40 29.16 33.57 37.02 42.24 @ ↓ Permanent Insurance 20-Payment Life Male $23.14 24.42 25.10 25.83 26.42 27.01 27.74 28.40 29.11 29.97 30.68 31.52 32.15 37.10 42.27 48.73 56.31 61.09 70.43 Female $19.21 20.92 21.50 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 20-Year Endowment Male $33.22 33.68 34.42 34.90 35.27 35.70 36.49 37.02 37.67 38.23 38.96 39.42 40.19 43.67 48.20 51.11 58.49 71.28 79.15 Female $29.12 30.04 31.28 31.79 32.40 32.93 33.61 34.87 35.30 35.96 36.44 37.21 37.80 39.19 42.25 46.04 49.20 53.16 58.08
2. Face of Value $40,000 Using Table 19-1 and Semi annual, quarterly policy. insurance (Round Sex-age Male-40 19-2 Calculate the annual, and life Monthly (in $) for the life answer to nearest Cent)? Insured Type Anqual premists Sami annual Quarterly Monthly Whole Jour
Transcribed Image Text:2. Face of Value $40,000 Using Table 19-1 and Semi annual, quarterly policy. insurance (Round Sex-age Male-40 19-2 Calculate the annual, and life Monthly (in $) for the life answer to nearest Cent)? Insured Type Anqual premists Sami annual Quarterly Monthly Whole Jour
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