At age 40, Janice has decided to purchase a 20-payment life ...

[bobypop]

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

[elyse44]

Answer to Question 1

C

Answer to Question 2

A

[bobypop]

Thanks for the timely response, appreciate it

[mohan]

Excellent