A Client, Age 26, Is Planning to Purchase a $100,000

question 36

Short Answer

A client, age 26, is planning to purchase a $100,000, 20-payment life policy and is deciding whether to pay quarterly or semiannually. Compute the amount the client would save during her lifetime by choosing semiannual payments. Refer to Table 12-1. (1 year = 12 months.)

---

Definitions:

Common Iliac

Refers to the large artery that divides into the internal and external iliac arteries, supplying blood to the pelvic region and legs.

Inferior Mesenteric

Refers to the inferior mesenteric artery that supplies blood to the lower portions of the abdomen, including parts of the large intestine.

Diaphragm

A large, dome-shaped muscle at the base of the lungs that plays a key role in breathing.

Superior Phrenic Artery

The superior phrenic artery supplies blood to the upper part of the diaphragm, the main muscle involved in breathing.