TABLE 19-3 Nonforfeiture Options (per $1,000 of Face Value Issued to a Woman at Age 20) Whole Life Options End of Year 35T659 7 10 15 20 1 Cash Value $ 11 32 54 98 157 262 2 Reduced Paid-Up Insurance $ 25 64 99 186 314 491 3 Extended Term Years 2 9 13 17 21 25 Days 17 23 142 54 218 77 1 20-Payment Life Options Cash Value $ 29 73 101 191 322 505 2 Reduced Paid-Up Insurance $ 90 212 367 496 789 1,000 3 Extended Term Years 4 14 23 30 34 217 86 152 206 142 1 Cash Days Value -Life- 20-Year Endowment Options 3 Extended Term $ 39 91 186 324 647 1,000 2 Reduced Paid-Up Insurance $ 97 233 381 512 794 1,000 Years 7 19 26 32 37 -Life- Days 132 204 310 117 350
TABLE 19-3 Nonforfeiture Options (per $1,000 of Face Value Issued to a Woman at Age 20) Whole Life Options End of Year 35T659 7 10 15 20 1 Cash Value $ 11 32 54 98 157 262 2 Reduced Paid-Up Insurance $ 25 64 99 186 314 491 3 Extended Term Years 2 9 13 17 21 25 Days 17 23 142 54 218 77 1 20-Payment Life Options Cash Value $ 29 73 101 191 322 505 2 Reduced Paid-Up Insurance $ 90 212 367 496 789 1,000 3 Extended Term Years 4 14 23 30 34 217 86 152 206 142 1 Cash Days Value -Life- 20-Year Endowment Options 3 Extended Term $ 39 91 186 324 647 1,000 2 Reduced Paid-Up Insurance $ 97 233 381 512 794 1,000 Years 7 19 26 32 37 -Life- Days 132 204 310 117 350
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
Related questions
Question
100%
Help I got all answers wrong :( cash value I got 202,000| reduced paid up I got 400,000| years they put life and days they put life? All incorrect
![Ch. 19 Test: losurance-BUSN-230-01 Quantitative B...
TABLE 19-3 Nonforfeiture Options (per $1,000 of Face Value Issued to a Woman at Age 20)
Whole Life Options
2
End
of
Cash
Year Value
355557
1
20
$ 11
32
54
98
157
262
@
Reduced
Paid-Up
Insurance
F2
$25
64
99
186
314
491
#
Ch. 19 Test: Insurance-BUSN-230-01 Quantitative B...
F3
3
Extended
Term
Years
2
9
13
17
21
25
$
Days
23
142
54
218
77
888
F4
1
17 $ 29
73
101
191
322
505
%
20-Payment Life Options
3
Extended
Term
Cash
Value
2
https://www.webassign.net/brecmbc9/19-table-2.pdf
Reduced
Paid-Up
Insurance
$ 90
212
367
496
789
1,000
&
1
4
14
23
Cash
Years Days Value
30
34
FY
-Life-
*
217 $ 39
86
152
206
142
O
1
Dil
FB
20-Year Endowment Options
3
Extended
Term
91
186
324
647
1,000
(
9
DD
httpsssign.net/bred
2
Reduced
Paid-Up
Insurance
)
$ 97
233
381
512
794
1,000
bassign.net/brecmbr919-table-3.pdf
F10
Years
7
19
26
32
37
-Life-
F
Days
132
204
310
117
350](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffda1608b-44be-4077-b0f1-db5fa88eb11d%2Fde164380-58e8-42ae-8731-b8e8aa7085db%2Fq2cn7fg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Ch. 19 Test: losurance-BUSN-230-01 Quantitative B...
TABLE 19-3 Nonforfeiture Options (per $1,000 of Face Value Issued to a Woman at Age 20)
Whole Life Options
2
End
of
Cash
Year Value
355557
1
20
$ 11
32
54
98
157
262
@
Reduced
Paid-Up
Insurance
F2
$25
64
99
186
314
491
#
Ch. 19 Test: Insurance-BUSN-230-01 Quantitative B...
F3
3
Extended
Term
Years
2
9
13
17
21
25
$
Days
23
142
54
218
77
888
F4
1
17 $ 29
73
101
191
322
505
%
20-Payment Life Options
3
Extended
Term
Cash
Value
2
https://www.webassign.net/brecmbc9/19-table-2.pdf
Reduced
Paid-Up
Insurance
$ 90
212
367
496
789
1,000
&
1
4
14
23
Cash
Years Days Value
30
34
FY
-Life-
*
217 $ 39
86
152
206
142
O
1
Dil
FB
20-Year Endowment Options
3
Extended
Term
91
186
324
647
1,000
(
9
DD
httpsssign.net/bred
2
Reduced
Paid-Up
Insurance
)
$ 97
233
381
512
794
1,000
bassign.net/brecmbr919-table-3.pdf
F10
Years
7
19
26
32
37
-Life-
F
Days
132
204
310
117
350
![3.
Using Table 19-3
non for future
of the
Calculate the valve
options for the life insurance
policy.
insurance in $
(Express Cash Value and Reduced paid up
Extended Term
Face of vulve years in Type of forcy Cash Valve Redured quid Years Days
Up Trevance
400,000
5
2D- Pugment life
F](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffda1608b-44be-4077-b0f1-db5fa88eb11d%2Fde164380-58e8-42ae-8731-b8e8aa7085db%2Fa8r7edq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:3.
Using Table 19-3
non for future
of the
Calculate the valve
options for the life insurance
policy.
insurance in $
(Express Cash Value and Reduced paid up
Extended Term
Face of vulve years in Type of forcy Cash Valve Redured quid Years Days
Up Trevance
400,000
5
2D- Pugment life
F
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