Question

Emily Webster purchased a twenty-year endowment policy at age 27 with a face value of $25,000.

What is her annual premium? $1058.50

What is her semi-annual premium? $539.84

The difference between these payment options?
(Remember to compare annual premium to annual premium!) __________

Answer 1

https://fallriver.owschools.com/media/o_cma_2016/4/cmau4l2_quest6.jpg

Answer 2

You wanna do 42.67 times 25

Answer 3

For the annual premium thing

Answer 4

wait, no. the chart is for males...but emily is a female?

Answer 5

@awesomedude2078

Answer 6

yes emily's a female so you subtract 3 years for males age

Answer 7

from not for

Answer 8

oh, sorry. I missed that note.

Answer 9

In that case, yes, you are correct. nice job

Answer 10

and for teh second part you are correct as well

Answer 11

For the last part, double the semi-annual, and compare to the annual

Answer 12

so it's 21.18 right

Answer 13

@StudyGurl14

Answer 14

yes

Answer 15

thanks

Answer 16

anytime :)