Table shows how the premium for $500,000 term life insurance is increased for smokers who are over 35 and younger than forty. Rate for Non-Smoker $434.00 Rate for Smoker $739.00. What is the percent of increase in the premium for smokers?
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% increase in the premium for smokers = 100*[739 - 434]/434 = 100*305/434 = 70.28 Ans: 70.28 %