Grammar School book

Cover Grammar School book
Grammar School book
Florian Cajori
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. 12, 500 x 3. 20 20-Payment 9, 500 x 4. 40 10-Payment 8, 000 x 5. 50 10-Payment 8, 000 x 6. 30 15-Year Endow. X $336. 35 7. 20 10-Payment x 320. 62 8. 20 Ordinary Life x 203. 50 9. X Ordinary Life 9, 000 290, 25 10. X 20-Year Term 10, 000 377. 00 11. X 20-Payment 13, 000 528. 45 12. 30 x 6, 000 403. 62 13. 20 x 4, 000 74. 00 Written Problems 235. I. . A man 40 years old took out a 15-year endowment policy for $ 7, 000. He received yearly dividends from the surplus fund of the company as follow...s : $ 12. 50, $ 10. 75, $ 13. 65, $ 14. 85, $ 12. 50, $14, $16, $15. 25, $13. 50, $14. 60, $15, $13, $ 12. 75, $ 14, $ 15. At the end of the 15 years he is paid the face value of his policy. How much money did he receive from the company altogether? How much does this sum exceed the total pre- miums that he paid ?
Q 226 GRAMMAR SCHOOL BOOK 2. A man 30 years old takes out an ordinary life policy of $ 3, 500. If he is killed in a railroad wreck two years later, how much does the company lose?
3. A man of twenty takes out a 20-year term policy for $ 2, 000.


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