« previous next »

Author Question: What is the annual premium for a 200,000 term life insurance policy with a cost per 1,000 of ... (Read 170 times)

cdr_15

  • Hero Member
  • *****
  • Posts: 546
on: Jun 24, 2018
What is the annual premium for a 200,000 term life insurance policy with a cost per 1,000 of 3.20?

Question 2

Beckett International LLC offers its employees healthcare coverage for which the company pays 80 of each employee's premium per month. The individual annual premium is 1,920. If the employee wishes to cover their family, an additional 95 is added to the individual monthly premium. What is the employee's monthly premium for family health coverage?


Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 24, 2018
Answer to Question 1

640;

Answer to Question 2

175; 1,920  12 = 160; 160 - 80 = 80; 80 + 95 = 175


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

European wildcat feeding its kittens, as illustrated in Brehm's Life of Animals European wildcat feeding its kittens, as illustrated in Brehm's Life of Animals
Major Findings of the High Scope Preschool Study High Scope participants showed better academic per Major Findings of the High Scope Preschool Study High Scope participants showed better academic per
The impact of industry and manufacturing on our life The impact of industry and manufacturing on our life
Life Cycle Nutrition: Toddlers through the Later Years Life Cycle Nutrition: Toddlers through the Later Years
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Pizza and eating disorders can be life threatening Pizza and eating disorders can be life threatening
Video: Michaelis–Menten equation & Kinetic parameters

For a complete list of videos, visit our video library