Given:
Jim Planter - male, 25 y.o.
50,000 whole life policy.
Table: per 1,000 face value
Age 25 ; Ordinary whole life = 12.44
50,000/1,000 = 50 Divide the total face value by 1,000
50 x 12.44 = 622 multiply the quotient by the rate given in the table that corresponds to the correct criteria.
Jim Planter's annual premium is $622.