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James Harmon is twenty-five when he takes out $40,000 of twenty-pay life insurance. How much is his annual premium? Annual premium = $_____ 425.40 70.90 221.21 433.91 212.70 871.60 850.80 76.57 If he were to pay semi-annual premiums, what would the premium be? Semi-annual premium = $_____ 76.57 425.40 433.91 850.80 221.21 70.90 212.70 871.60 If he were to pay quarterly premiums, what would the premium be? Quarterly premium = $______ 76.57 425.40 70.90 212.70 871.60 433.91 850.80 221.21 If he were to pay monthly premiums, what would the premium be? Monthly premium = $____ 871.60 221.21 433.91 70.90 850.80 212.70 425.40 76.57
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