This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: At age 40, Janice has decided to purchase a 20-payment life insurance policy with a face value of ... (Read 115 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
on: Jun 24, 2018
At age 40, Janice has decided to purchase a 20-payment life insurance policy with a face value of 390,000. Use Tables 19-1 and 19-2 from your text to calculate her quarterly premium. (Round your answer to the nearest cent)
 A) 3,587.16
  B) 10,258.30
  C) 3679.81
  D) 9,524.10

Question 2

Robert works for Southern Consulting as a sales executive. He is paid a monthly salary of 3,350.00 plus a straight commission of 4.3 on all sales over 10,100.00. If he sells 15,300.00, what is his total gross pay for the month?
 A) 3,573.60
  B) 3,784.30
  C) 4,007.90
  D) 8,550.00


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elyse44

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

A


bobypop

  • Member
  • Posts: 539
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Seven characteristics are common to all life Seven characteristics are common to all life
These species are all at risk of extinction. Species with “slow” life-h These species are all at risk of extinction. Species with “slow” life-h
The Scale of Life 1 The Scale of Life 1
Bones of the Face and Skull (Lateral View) Bones of the Face and Skull (Lateral View)
Crying Frequency in the Early Months In their first months of life, infants often cry for no appare Crying Frequency in the Early Months In their first months of life, infants often cry for no appare
A generalized life cycle of a basidiomycete. A generalized life cycle of a basidiomycete.
Video: Interview with Person who has Panic Attacks

For a complete list of videos, visit our video library