Answer: $682.50
Step-by-step explanation:
The cost for Stefan’s insurance is determined by the row of data for a 36 year old male. A 10-year policy has a cost of $4.55 per thousand dollars of coverage. In order to determine the total cost you need to determine the amount of thousands of coverage, which is $150,000/1,000 = 150. The total annual cost is 150 x $4.55 = $682.50.
