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Advanced MathContemporary Mathematics for Business & ConsumersCalculate the annual. semiannual, quarterly, and monthly) premiums for the following life insurance policies. Face Value Sex and Age Annual Semiannual Quarterly Monthly of Policy of Insured Type of Policy Premium Premium Premium Premium 3. 25,000 Male—19 20-Year EndowmentBuyFind*arrow_forward*

8th Edition

Robert Brechner + 1 other

Publisher: Cengage Learning

ISBN: 9781305585447

Chapter 19.I, Problem 3RE

Textbook Problem

Calculate the annual. semiannual, quarterly, and monthly) premiums for the following life insurance policies.

Face Value |
Sex and Age |
Annual |
Semiannual |
Quarterly |
Monthly |
|||||

of Policy |
of Insured |
Type of Policy |
Premium |
Premium |
Premium |
Premium |
||||

3. | 25,000 | Male—19 | 20-Year Endowment |

Contemporary Mathematics for Business & Consumers

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Ch. 19.I - Gary Foster, age 26, wants to purchase a 10-year...Ch. 19.I - Virginia Bennett purchased a $100,000.20-payment...Ch. 19.I - Norm Jaffe is evaluating his life insurance needs....Ch. 19.I - Calculate the annual, semiannual, quarterly, and...Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Calculate the value of the nonforfeiture options...Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Calculate the annual. semiannual, quarterly, and...

Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Calculate the value of the nonforfeiture options...Ch. 19.I - Calculate the value of the nonforfeiture options...Ch. 19.I - Calculate the value of the nonforfeiture options...Ch. 19.I - Calculate the value of the nonforfeiture options...Ch. 19.I - Calculate the value of the nonforfeiture options...Ch. 19.I - Leroy Kirk is 35 years old and is interested in...Ch. 19.I - 16. Rene Boyer, age 27. wants to purchase a 5-year...Ch. 19.I - Carmen Gutierrez purchased a $75,000, 20-payment...Ch. 19.I - 18. Alex Baron is evaluating his life insurance...Ch. 19.I - Richard Ryan is evaluating his life insurance...Ch. 19.I - BUSINESS DECISION: THE CONSULTATION
20. Tina...Ch. 19.II - You are the insurance agent for Diamond...Ch. 19.II - A property insurance policy has an annual premium...Ch. 19.II - A property insurance policy has an annual premium...Ch. 19.II - Bravo Manufacturing, Inc., had property valued at...Ch. 19.II - Savoy International had multiple carrier fire...Ch. 19.II - Calculate the building, contents, and total...Ch. 19.II - Calculate the building, contents, and total...Ch. 19.II - Calculate the building, contents, and total...Ch. 19.II - Calculate the building, contents, and total...Ch. 19.II - Calculate the building, contents, and total...Ch. 19.II - Calculate the building, contents, and total...Ch. 19.II - Calculate the short-term premium and refund for...Ch. 19.II - Calculate the short-term premium and refund for...Ch. 19.II - Calculate the short-term premium and refund for...Ch. 19.II - Calculate the short-term premium and refund for...Ch. 19.II - Calculate the short-term premium and refund for...Ch. 19.II - Calculate the short-term premium and refund for...Ch. 19.II - Calculate the short-term premium and refund for...Ch. 19.II - Calculate the amount to be paid by the insurance...Ch. 19.II - Calculate the amount to be paid by the insurance...Ch. 19.II - Calculate the amount to be paid by the insurance...Ch. 19.II - Calculate the amount to be paid by the insurance...Ch. 19.II - Calculate the amount to be paid by the insurance...Ch. 19.II - Calculate the amount to be paid by the insurance...Ch. 19.II - You are the insurance agent for Castle Mountain...Ch. 19.II - A property insurance policy has an annual premium...Ch. 19.II - 22. Insignia Enterprises has a property insurance...Ch. 19.II - Hi-Volt Electronics had multiple carrier fire...Ch. 19.II - BUSINESS DECISION: BUSINESS INTERRUPTION INSURANCE...Ch. 19.III - Jeff Wasserman, owner of High Performance Racing...Ch. 19.III - Jody Burnett has automobile liability insurance in...Ch. 19.III - As an insurance agent, calculate the annual...Ch. 19.III - As an insurance agent, calculate the annual...Ch. 19.III - As an insurance agent, calculate the annual...Ch. 19.III - As an insurance agent, calculate the annual...Ch. 19.III - As an insurance agent, calculate the annual...Ch. 19.III - As an insurance agent, calculate the annual...Ch. 19.III - As an insurance agent, calculate the annual...Ch. 19.III - As an insurance agent, calculate the annual...Ch. 19.III - 9. Rick Clinton wants to purchase an automobile...Ch. 19.III -
10. Howard Marshall’s Corvette was hit by a palm...Ch. 19.III - Ben Hoffman has motor vehicle liability insurance...Ch. 19.III - BUSINESS DECISION: INSURING THE FLEET
12. The...Ch. 19 - A mechanism for reducing financial risk and...Ch. 19 - 2. The amount of protection provided by an...Ch. 19 - 3. Name the two major categories of life...Ch. 19 - The _____ factor is a small surcharge added to the...Ch. 19 - The options available to a policyholder upon...Ch. 19 - 6. The difference between the total living...Ch. 19 - 7. List four perils covered by property insurance....Ch. 19 - 8. List the four factors used to determine the...Ch. 19 - The premium charged when a policy is canceled by...Ch. 19 - The clause in a property insurance policy...Ch. 19 - 11. Write the coverage ratio formula used in...Ch. 19 - 12. A situation in which a business is covered by...Ch. 19 - In motor vehicle insurance, ____covers bodily...Ch. 19 - In motor vehicle insurance, companies often...Ch. 19 - Calculate the annual, semiannual, quarterly, and...Ch. 19 - Calculate the annual, semiannual, quarterly, and...Ch. 19 - Calculate the annual, semiannual, quarterly, and...Ch. 19 - Calculate the annual, semiannual, quarterly, and...Ch. 19 - Calculate the value of the nonforfeiture options...Ch. 19 - Calculate the value of the nonforfeiture options...Ch. 19 - Tommy Cook is 19 years old and is interested in...Ch. 19 - 8. Mary Hall purchased a $45,000 20-year endowment...Ch. 19 - Joe Moutran is evaluating his life insurance...Ch. 19 - Calculate the building, contents, and total...Ch. 19 - Calculate the building, contents, and total...Ch. 19 - Calculate the building, contents, and total...Ch. 19 - Calculate the short-term premium and refund for...Ch. 19 - Calculate the short-term premium and refund for...Ch. 19 - Calculate the amount to be paid by the insurance...Ch. 19 - Calculate the amount to be paid by the insurance...Ch. 19 - 17. You are the insurance agent for Fandango...Ch. 19 - 18. “Movers of the Stars" has been contracted by...Ch. 19 - La Belle Beauty Supply had property valued at...Ch. 19 - Pinnacle Manufacturing has multiple carrier fire...Ch. 19 - As an insurance agent, calculate the annual...Ch. 19 - As an insurance agent, calculate the annual...Ch. 19 - As an insurance agent, calculate the annual...Ch. 19 - 24. Karen Doyle wants to purchase an automobile...

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