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IgorC [24]
2 years ago
8

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

Business
2 answers:
Marysya12 [62]2 years ago
8 0

Answer:

Annual premium = $8,508.00  

Semiannual premium = $4,339.08  

Quarterly premium = $2,212.08  

Monthly premium = $765.72

Explanation:

Annual premium = $ 8,508.00  

=$40,000*21.27/100

=$ 8508.00  

Semiannual premium = $ 4,339.08  

=$ 8508.00*56/100

=$4,339.08  

Quarterly premium = $ 2,212.08  

=$ 8508.00*26/100

=$ 2,212.08  

Monthly premium = $765.72  

=$ 8508.00*9/100

=$ 765.72  

Semenov [28]2 years ago
4 0

21.27*40= Annual premium is 850.8 51% of 850.8 is 433.9 ---> semi annual his quarterly is 26% of 850.8 so 221.2 and finally his monthly premium is 9 percent of 850.8 so it's 76.57



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<em>━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━</em>

➪<em><u>Example of globalization</u></em><em> </em><em> </em><em>:</em><em> </em><em> </em><em>-</em><em> </em><em>trading of commodities such as coffee or avocados.</em>

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gizmo_the_mogwai [7]

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