Ask Question
7 March, 16:00

James Harmon is twenty-five when he takes out $40,000 of twenty-payment 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 = $

+2
Answers (1)
  1. 7 March, 16:23
    0
    21.27*40 = Annual premium is 850.8 51% of 850.8 is 433.9 - - - > semi annual his quarterly is 26% of 850.8 so 221.2 and finally his monthly premium is 9 percent of 850.8 so it's 76.57
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “James Harmon is twenty-five when he takes out $40,000 of twenty-payment life insurance. How much is his annual premium? Annual premium = $ ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers