Homework Help is Here – Start Your Trial Now!
Business
Finance
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
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%
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
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
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
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

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