Brandy Segovia, a single mom with two children, wants to purchase $100,000 of term life insurance for herself and $10,000 for each of her children. An insurance company quoted her a family policy of $100,000 term insurance at a rate of $3.36 per $1,000 . This includes $10,000 for each child at no additional cost. Calculate Brandy's annual premium

a. $403.20

b. $28.00

c. $33.60

d. $336.00


d

Business

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