Find the Indicated Premium

question 11

Multiple Choice

Find the indicated premium. Round to the nearest cent.
-Tom Crenna buys a whole life policy at age 25. The policy has a face value of $55,000. Find the annual premium.

• A)$223.85
• B)$281.05
• C)$141.93
• D)$278.30

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Definitions:

Physically Unusual

Describing entities or individuals that deviate from what is typically expected or considered normal in physical form or characteristics.

Racial Terminology

The language and terms used to identify and describe individuals or groups based on their race or ethnicity, often reflecting social attitudes and biases.

Discriminated

Treated differently or unjustly on the basis of characteristics such as race, age, gender, or disability.

Clinical Practice

The practice of assessing and treating patients in a healthcare setting, involving both the diagnosis and management of diseases and conditions.