Using Table 19-1 and 19-2 Calarlate the annual, Semi annual, quarterly and monthlg (in $) for the life (Round insurance policy. Jour answer to nearest Cent)?

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
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I got all answers wrong:( annual premium I got 1,088. Semiannual I got $566. Quarterly I got 283. Monthly I got $98. Please help
2.
Using Table 19-1 and
Semi annual, quarterly
insurance policy.
(Round
Face of Value Sex-age
$40,000
Incured
male-40
19-2 Calculate
the annual,
and monthly (in $) for the life
answer to nearest Cent)?
Jour
Type Anqual premists Sami annual Quarterly Monthly
whole
↑
life
tab
fn
shift
esc
$
caps lock
!
1
control
000
FI
Q
A
@
2
TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value)
Age
18
19
20
21
22
23
24
25
26
27
28
29
30
35
40
45
50
55
60
-30%-
F2
N
2
option
W
Male
$2.32
2.38
2.43
2.49
2.55
2.62
2.69
2.77
2.84
2.90
2.98
3.07
3.14
3.43
4.23
6.12
9.72
16.25
24.10
S
5-Year
Term
#
3
80
X
Female
$ 1.90
1.96
2.07
Term Insurance
288835836
E
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
command
$
4
D
Male
$4.33
4.42
4.49
4.57
4.64
4.70
4.79
4.85
C
4.92
5.11
5.18
5.23
5.30
6.42
7.14
R
8.81
14.19
22.03
10-Year
Term
37.70
%
5
F
*
12088999999633333333
Female
FS
$ 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
T
V
^
6
MacBook Air
G
Male Female
$13.22 $11.17
13.60 11.68
14.12 12.09
14.53
12.53
14.97 12.96
15.39 13.41
15.90 13.92
16.38 14.38
16.91
Whole
Life
14.77
17.27 15.23
17.76 15.66
16.18
18.12
18.54
16.71
24.19 22.52
27.21 25.40
33.02 29.16
37.94 33.57
45.83 37.02
53.98 42.24
FA
Y
&
7
B
99
17
H
U
Male
$23.14
24.42
25.10
32.15
37.10
42.27
48.73
56.31
61.09
70.43
25.83
26.42
27.01
27.74
28.40
29.11
29.97
30.68
31.52
8
20-Payment
Life
N
Dil
J
Permanent Insurance
Female Male Female
$19.21
20.92
21.50
$33.22 $29.12
33.68 30.04
34.42 31.28
34.90
35.27
31.79
32.40
35.70
32.93
33.61
36.49
37.02
37.67
34,87
38.23
38.96
39.42
40.19
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
1
(
9
43.67
48.20
51.11
58.49
71.28
79.15
DD
14
K
M
1
20-Year
Endowment
O
O
35.30
35.96
36.44
37,21
37.80
39.19
42.25
46.04
49,20
53.16
58.08
9
FO
F10
L
<
I
H
P
ep
>
command
Transcribed Image Text:2. Using Table 19-1 and Semi annual, quarterly insurance policy. (Round Face of Value Sex-age $40,000 Incured male-40 19-2 Calculate the annual, and monthly (in $) for the life answer to nearest Cent)? Jour Type Anqual premists Sami annual Quarterly Monthly whole ↑ life tab fn shift esc $ caps lock ! 1 control 000 FI Q A @ 2 TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value) Age 18 19 20 21 22 23 24 25 26 27 28 29 30 35 40 45 50 55 60 -30%- F2 N 2 option W Male $2.32 2.38 2.43 2.49 2.55 2.62 2.69 2.77 2.84 2.90 2.98 3.07 3.14 3.43 4.23 6.12 9.72 16.25 24.10 S 5-Year Term # 3 80 X Female $ 1.90 1.96 2.07 Term Insurance 288835836 E 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 command $ 4 D Male $4.33 4.42 4.49 4.57 4.64 4.70 4.79 4.85 C 4.92 5.11 5.18 5.23 5.30 6.42 7.14 R 8.81 14.19 22.03 10-Year Term 37.70 % 5 F * 12088999999633333333 Female FS $ 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 T V ^ 6 MacBook Air G Male Female $13.22 $11.17 13.60 11.68 14.12 12.09 14.53 12.53 14.97 12.96 15.39 13.41 15.90 13.92 16.38 14.38 16.91 Whole Life 14.77 17.27 15.23 17.76 15.66 16.18 18.12 18.54 16.71 24.19 22.52 27.21 25.40 33.02 29.16 37.94 33.57 45.83 37.02 53.98 42.24 FA Y & 7 B 99 17 H U Male $23.14 24.42 25.10 32.15 37.10 42.27 48.73 56.31 61.09 70.43 25.83 26.42 27.01 27.74 28.40 29.11 29.97 30.68 31.52 8 20-Payment Life N Dil J Permanent Insurance Female Male Female $19.21 20.92 21.50 $33.22 $29.12 33.68 30.04 34.42 31.28 34.90 35.27 31.79 32.40 35.70 32.93 33.61 36.49 37.02 37.67 34,87 38.23 38.96 39.42 40.19 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 1 ( 9 43.67 48.20 51.11 58.49 71.28 79.15 DD 14 K M 1 20-Year Endowment O O 35.30 35.96 36.44 37,21 37.80 39.19 42.25 46.04 49,20 53.16 58.08 9 FO F10 L < I H P ep > command
TABLE 19-2
Life Insurance-Premium
Factors
#
3
E
C
Premium
Paid
80
F3
Semiannually
Quarterly
Monthly
54
$
F4
R
1
%
5
0
F5
T
C
6
MacBook Air
F6
Y
Percent of
Annual
Premium
&
7
8
F7
52%
26%
9%
U
* 00
8
DII
FB
1
61
(
9
F9
)
0
0
7
F10
1
P
Transcribed Image Text:TABLE 19-2 Life Insurance-Premium Factors # 3 E C Premium Paid 80 F3 Semiannually Quarterly Monthly 54 $ F4 R 1 % 5 0 F5 T C 6 MacBook Air F6 Y Percent of Annual Premium & 7 8 F7 52% 26% 9% U * 00 8 DII FB 1 61 ( 9 F9 ) 0 0 7 F10 1 P
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