How much would Olga's semiannual premium be for a 5-year term insurance policy with a face value of $350,000, based on Tables 19-1 and 19-2 from your text? She turned 26 years old on her last birthday. (Round your answer to the nearest cent)

Question

Quizplus · Accepted Answer

Given the information provided, the correct answer cannot be directly determined without access to Tables 19-1 and 19-2 from the specific text referenced. However, based on standard practices in insurance premium calculations, which often involve age, term length, and face value of the policy, the answer provided suggests a calculation was made using those tables. The correct premium amount for Olga, based on the given options, is assumed to have been accurately calculated as $456.82, reflecting the specific rates and factors from those tables for a 26-year-old on a 5-year term life insurance policy with a $350,000 face value.

How Much Would Olga's Semiannual Premium Be for a 5-Year