asked 180k views
0 votes
Simon Simms takes out $20,000 of a twenty-payment life when he is 25 years old.

a. annual premium




b. quarterly premium

asked
User Ekatef
by
7.3k points

2 Answers

3 votes

Answer:

annual premium is: 425.40

Quarterly premium is: 110.60

Explanation:

Do not say thanks, I'm here to help just like you are.

answered
User Oscar Kjell
by
8.1k points
6 votes

Answer:

annual premium is 425.40

Quarterly premium is 110.60

Explanation:

answered
User Zach Conn
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.