James Harmon is twenty-five when he takes out $40,000 of twenty-pay life insurance.
How...
Mathematics, 14.04.2020 10:54, MayFlowers
James Harmon is twenty-five when he takes out $40,000 of twenty-pay life insurance.
How much is his annual premium?
Annual premium = $
If he were to pay semi-annual premiums, what would the premium be?
Semi-annual premium = $
If he were to pay quarterly premiums, what would the premium be?
Quarterly premium = $
If he were to pay monthly premiums, what would the premium be?
Monthly premium = $
Answers: 2
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