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(20 points) 1 hour to answer
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