Answer Happy

Using Table 19-1 and Table 19-2, calculate the annual, semiannual, quarterly, and monthly premiums (in $) for the life insurance policy. Round your answers to the nearest cent. Face Value Sex and Age of Insured Annual Premium Type of Policy Semiannual Premium Quarterly Premium Monthly Premium of Policy 30,000 female-35 10-year term $ $
TABLE 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value) Term Insurance 5-Year 10-Year Whole Life Term Term Age Male Male Female 18 $2.32 $4.33 $13.22 $11.17 19 2.38 4.42 13.60 11.68 20 2.43 4.49 14.12 12.09 21 2.49 4.57 14.53 12.53 22 2.55 4.64 14.97 12.96 23 2.62 4.70 15.39 13.41 24 2.69 4.79 15.90 13.92 25 2.77 4.85 16.38 14.38 26 2.84 4.92 16.91 14.77 27 2.90 5.11 17.27 15.23 28 2.98 5.18 17.76 15.66 29 3.07 5.23 18.12 16.18 30 3.14 5.30 18.54 16.71 35 3.43 6.42 24.19 22.52 40 4.23 7.14 27.21 25.40 45 6.12 8.81 33.02 29.16 50 9.72 14.19 37.94 33.57 55 16.25 22.03 45.83 37.02 60 24.10 37.70 53.98 42.24 Male 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 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 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 Female $33.22 $29.12 33.68 30.04 34.42 31.28 34.90 31.79 35.27 32.40 35.70 32.93 36.49 33.61 37.02 34.87 37.67 35.30 38.23 35.96 38.96 36.44 39.42 37.21 40.19 37.80 43.67 39.19 48.20 42.25 51.11 46.04 58.49 49.20 71.28 53.16 79.15 58.08
TABLE 19-2 Life Insurance-Premium Factors Premium Paid Semiannually Quarterly Monthly Percent of Annual Premium 52% 26% 9%