Direction: The graph given here shows the annual premiums of an insurance company, charged for an insurance of $ 1000 for individuals of different age groups. Study the graph and answer each of the following questions :
-
The premium for a managed 22 years for an insurance of $ 10,000 is
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- $ 435
- $ 440
- $ 43.75
- $ 437.50
Correct Option: D
From the given graph in question ,
Required premium = 43·75 × 10 = 437·5
Hence , The premium for a managed 22 years for an insurance of $ 10,000 is $ 437·5 .
