Sue purchases a $300,000 whole life policy. The annual premium rate is $23.99 per $1,000. Find her annual premium. 7197 If she lives for 30 years, find the total she paid in premiums over the 30 years. Mary purchases a $300,000 Limited Payment 20-year policy. The rate is $35.80 per $1,000. Find Mary's annual premium. If Mary lived for 30 more years, find the total she paid in premiums for this policy.

Answer rating: 100% (QA)

Sues Whole Life Policy Annual premium rate 2399 per 1000 Face amount death benefit 300000 Calculatio... View the full answer