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Find the Indicated Premium

Question 33

Multiple Choice

Find the indicated premium. Round to the nearest cent. Find the indicated premium. Round to the nearest cent.   -SLM Instruments wants to protect itself in case of the death of its founder and head. It buys a premium term policy on the executive with a face value of $115,000. She is 35 years old. Find the quarterly premium. A) $117.89 B) $56.51 C) $60.10 D) $19.74
-SLM Instruments wants to protect itself in case of the death of its founder and head. It buys a premium term policy on the executive with a face value of $115,000. She is 35 years old. Find the quarterly premium.


A) $117.89
B) $56.51
C) $60.10
D) $19.74

Correct Answer:

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