Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

تمرين 79

Tommy Cook is 19 years old and is interested in purchasing a whole life insurance policy with a face value of $80,000.
a. Calculate the annual insurance premium for this policy.
b. Calculate the monthly insurance premiums.
c. How much more will Tommy pay per year if he chooses monthly payments