James Harmon is twenty-five when he takes out $40,000 of twenty-pay life insurance.
How much is his annual premium?
Annual premium = $
If he were to pay semiannual premiums, what would the premium be?
Semiannual premium = $
If he were to pay quarterly premiums, what would the premium be?
Quarterly premium = $
If he were to pay monthly premiums, what would the premium be?
Monthly premium = $
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “James Harmon is twenty-five when he takes out $40,000 of twenty-pay life insurance. How much is his annual premium? Annual premium = $ If ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Consumer finance companies, which are often advertised on tv, are also known as:
Answers (1)
The basic retailing equation states that the cost of an item is not equal to the selling price plus the markup.
Answers (1)
Dylan, a vice president of human resources, recommends adding self-appraisals to the company's performance management system. The other executives wonder why, since people would certainly want to inflate scores of their own performance.
Answers (1)
Splish Brothers Inc. has issued three different bonds during 2019. Interest is payable annually on each of these bonds. 1. On January 1, 2019, 1,400, 8%, 5-year, $1,000 bonds dated January 1, 2019, were issued at face value. 2.
Answers (1)
When remeasuring foreign currency financial statements into the functional currency, which of the following items would be remeasured using historical exchange rate? a. Inventories carried at cost. b.
Answers (1)
New Questions in Business
Katie needed to take out three loans. a) First, she paid $596.24 in interest on a nine-month loan for which the rate was 11%. How much money did she borrow? b) A year later, Katie borrowed $10,000 for three months.
Answers (1)
During the year, total liabilities increased $105,000 and stockholders' equity decreased $83,000. What is the amount of total assets at the end of the year?
Answers (1)
What is cosideration
Answers (1)
With the federal funds rate near zero and the economy still struggling, the Fed began buying 10-year Treasury notes and certain mortgage-backed securities to keep interest rates low. This policy is known as
Answers (1)
Sugar, Inc. sells $529,300 of goods during the year that have a cost of $428,600. Inventory was $30,083 at the beginning of the year and $34,338 at the end of the year.
Answers (2)