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Q: Laurita Rodriguez has a whole life insurance policy that has an annual premium of $1,023. She wants to pay the premium quarterly. The quarterly premium is 26 percent of the annual premium. What are
her quarterly payments? A. $324.12 B. $265.98 C. $231.67 D. $235.87
A: Laurita Rodriguez has a whole life insurance policy that has an annual premium of $1,023. She wants to pay the premium quarterly. The quarterly premium is 26 percent of the annual premium. Her quarterly payments are: $265.98. $1,023 * .26 = 265.98
Expert answered|pratik444|Points 139|
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Asked 12/9/2010 8:11:05 AM
Updated 7/19/2015 8:33:26 PM
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This answer has been confirmed as correct and helpful.
Edited by debnjerry [7/19/2015 8:33:22 PM], Confirmed by debnjerry [7/19/2015 8:33:26 PM]
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