(20 POINTS) 1 HOUR TO ANSWER PLEASE HELP
The following table gives annual life insurance premiums per $1,000 of face value. Use the table to determine the face value of a 5-year term insurance policy on a 23-year-old female given that the annual premium for the insurance policy is $242.11. If need be, round your answer to the nearest cent.
a.
$116,961.35
c.
$109,058.56
b.
$112,609.30
d.
$105,265.22