Answer: He will get $6073.6 as life insurance premium.
Explanation:
Since we have given that
there is a 30-year old male,
Amount = $320,000
Straight life policy which is given by $18.98 per $1000.
Since our amount is $320,000, so life insurance premium will be
[tex]320000\times \frac{18.98}{1000}\\\\=320\times 18.98\\\\=\$6073.6[/tex]
Hence , he will get $6073.6 as life insurance premium.
