Find the amount of premium retained by the company and the amount of refund to the insured using proration.Annual premium: $4129Months in force: 9
A. $3089.25, $1039.75
B. $3096.75, $1032.25
C. $2752.67, $1376.33
D. $3440.83, $688.17
Answer: B
You might also like to view...
An algebraic expression is given. Use the expression to answer the following questions. a) How many terms are there in the algebraic expression? b) What is the numerical coefficient of the first term? c) What is the constant term? d) Does the algebraic expression contain like terms? If so, what are the like terms?x + 6 + 3x
A. a) 2 b) 1 c) 6 d) yes, x and 3x B. a) 3 b) 1 c) 6 d) yes, x and 3x C. a) 3 b) 3 c) 6 d) yes, x and 3x D. a) 3 b) 1 c) 6 d) no
Verify the identity.cos 4? = 2 cos2(2?) - 1
What will be an ideal response?
Evaluate the expression.6P4
A. 2 B. 30 C. 24 D. 360
Find the present value. Round to the nearest cent.To get $6500 after 2 years at 11% compounded quarterly
A. $1268.11 B. $5375.77 C. $5275.55 D. $5231.89