Jacob wants to buy a $500,000 15-year term life policy, and the annual premium rate (per $1000 of face value) for his age group is $6. 78. If jacob lives until the end of the term of his policy, how much will jacob have paid in premiums overall? a. $101,700 b. $3,390 c. $50,850 d. $73,746 please select the best answer from the choices provided a b c d.