how would i do this if the annual premium is 1,624.50... and the question is A 3.5% charge is added to the annual premium because it is paid quarterly. What is the quarterly premium?

Question

how would i do this if the annual premium is 1,624.50... and the question is   A 3.5% charge is added to the annual premium because it is paid quarterly. What is the quarterly premium?

anonymous · Answer

=1624.50*.035/4 = 14.21  that is the amount of the quarterly premium charge of 3.5%.

Can not answer what is the total premium since I do not know if this is equal payments or not and how long are the payments

anonymous · Answer

thank you. you are very very helpful

anonymous · Answer

uw