Question

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Answer 1

James Harmon is twenty-five when he takes out $40,000 of twenty-pay life insurance.

How much is his annual premium?
Annual premium = $___

433.91
76.57
871.60
425.40
221.21
850.80
70.90
212.70

If he were to pay semi-annual premiums, what would the premium be?
Semi-annual premium = $_____
433.91
212.70
850.80
70.90
871.60
425.40
76.57
221.21

If he were to pay quarterly premiums, what would the premium be?
Quarterly premium = $____
871.60
425.40
212.70
850.80
433.91
76.57
221.21
70.90

If he were to pay monthly premiums, what would the premium be?
Monthly premium = $____
871.60
221.21
425.40
76.57
70.90
850.80
212.70
433.91