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17 February, 14:17

Angelo, age 40, is comparing the premium for a $125,000 whole life insurance policy he may take now and the premium for the same policy taken out at age 45. Using the table, find the difference in total premium costs over 20 years for this policy at the two age levels

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  1. 17 February, 15:19
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    The difference in total premium costs over 20 years for this policy at the two age levels

    Answers-

    a.$69,375 b.$11,725 c.$12,875 d.$644

    The answer is C - $12,875
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