The following table gives annual life insurance premiums per $1,000 of face value. Use the table to determine the annual
premium for a $65,000 10-year term policy for a 20-year-old female. Round your answer to the nearest cent.
Answer: 440 grams for 1.54 is the better value
Explanation:
Take the price and divide by the number of grams
1.54 / 440 =0.0035 per gram
1.26 / 340 =0.003705882 per gram
0.0035 per gram < 0.003705882 per gram