qfreeman79 qfreeman79

17-05-2017
Mathematics

contestada

Adam Smith is thirty-seven. He is purchasing twenty-year endowment insurance, with a face value of $25,000. What is his annual premium?

Respuesta :

31-05-2017

The average endowment for a male that is aged 37, has usually have an initial amount of annual premium that is $44.19/$1000.

The solution of this answer is : $44.19 x 25 = $1,104.75 is his annual annual premium that Adam will get.

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cyanshore123 cyanshore123

17-11-2021

Answer:

$1,104.75 is his annual premium

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