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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 = $_______ 76.57 433.91 871.60 212.70 221.21 70.90 425.40 850.80 If he were to pay semi-annual premiums, what would the premium be? Semi-annual premium = $____ 871.60 70.90 76.57 433.91 221.21 425.40 212.70 850.80 If he were to pay quarterly premiums, what would the premium be? Quarterly premium = $____ 76.57 212.70 871.60 850.80 425.40 70.90 221.21 433.91 If he were to pay monthly premiums, what would the premium be? Monthly premium = $___ 850.80 76.57 221.21 212.70 433.91 70.90 425.40 871.60
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