of the Using Table 19-3 Calculate the value non for future options for the life insurance. policy. (Express Cash Value and Reduced paid up insurance in $ Extended Term N Face of Unlve Years in Type of folcy Cash Value Redured Puid Years Days. раку 400,00D Up Inovence 5 20- Payment life 3.

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Chapter4: Time Value Of Money
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Ch. 19 Test: Insurance BUSN-230-01 Quantitative Busn Analysis I
esc
TABLE 19-3 Nonforfeiture Options (per $1,000 of Face Value Issued to a Woman at Age 20)
Whole Life Options
20-Payment Life Options
2
3
Extended
Term
End
of
Year
3
5
7
10
15
20
1
1
Cash
Value
$ 11
32
54
98
157
262
32²
Reduced
Paid-Up
Insurance
39²
F2
$ 25
64
99
186
314
491
44
80
F3
3
Extended
Term
2
9
13
17
21
25
Ch. 19 Test: Insurance - BUSN-230-01 Quantitative Busn Analysis I Fall 2022...
Cash
Years Days Value
DOD
000
F4
1
17 $ 29
23
73
142
101
191
322
77 505
54
218
webassign.net
F5
2
Reduced
Paid-Up
Insurance
$ 90
212
367
496
789
1,000
F6
Years
F7
1
Cash
Days Value
-Life-
4 217 $39
14
86
23
152
30
206
34
142
DII
FB
20-Year Endowment Options
3
Extended
Term
91
186
324
647
1,000
W https://www.webassign.net/brecmbc9/19-table-3.pdf
DD
F9
2
Reduced
Paid-Up
Insurance Years
$ 97
233
381
512
794
1,000
F10
7
19
26
32
37
(4)
-Life-
F11
Days
132
204
310
117
350
F12
+88
Transcribed Image Text:Ch. 19 Test: Insurance BUSN-230-01 Quantitative Busn Analysis I esc TABLE 19-3 Nonforfeiture Options (per $1,000 of Face Value Issued to a Woman at Age 20) Whole Life Options 20-Payment Life Options 2 3 Extended Term End of Year 3 5 7 10 15 20 1 1 Cash Value $ 11 32 54 98 157 262 32² Reduced Paid-Up Insurance 39² F2 $ 25 64 99 186 314 491 44 80 F3 3 Extended Term 2 9 13 17 21 25 Ch. 19 Test: Insurance - BUSN-230-01 Quantitative Busn Analysis I Fall 2022... Cash Years Days Value DOD 000 F4 1 17 $ 29 23 73 142 101 191 322 77 505 54 218 webassign.net F5 2 Reduced Paid-Up Insurance $ 90 212 367 496 789 1,000 F6 Years F7 1 Cash Days Value -Life- 4 217 $39 14 86 23 152 30 206 34 142 DII FB 20-Year Endowment Options 3 Extended Term 91 186 324 647 1,000 W https://www.webassign.net/brecmbc9/19-table-3.pdf DD F9 2 Reduced Paid-Up Insurance Years $ 97 233 381 512 794 1,000 F10 7 19 26 32 37 (4) -Life- F11 Days 132 204 310 117 350 F12 +88
3.
Using Table 19-3 Calculate the value of the
options for the life insurance
policy.
(Express Cash Value and Reduced paid up insurance in $
non for future
Extended Term
Face of Unlue Years, urce Type: of Polcy Cash Valve Redured Paid Years Days
Insurance
400,00D
5
20-Payment life
↑
Transcribed Image Text:3. Using Table 19-3 Calculate the value of the options for the life insurance policy. (Express Cash Value and Reduced paid up insurance in $ non for future Extended Term Face of Unlue Years, urce Type: of Polcy Cash Valve Redured Paid Years Days Insurance 400,00D 5 20-Payment life ↑
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