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Leslie Wishes to Obtain a 20-Year Endowment Insurance Policy Having

Question 4

Multiple Choice

Leslie wishes to obtain a 20-year endowment insurance policy having a face value of $275,000. Based on Tables 19-1 and 19-2 from your text, what would be her semiannual premium if she were 60 years old? (Round your answer to the nearest cent)


A) $15,972.00
B) $21,162.00
C) $13,524.24
D) $8,305.44

Correct Answer:

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