Della Ahkta has a whole life policy for $50,000. She pays an annual premium rate of $13.47 per $1,000. When she signed her insurance c
Question
Della Ahkta has a whole life policy for $50,000. She pays an annual premium rate of $13.47 per
$1,000. When she signed her insurance contract she chose to use the annual dividend to reduce the
annual premium. When she gets a notice that her insurance premium is due, she is notified that her
policy has paid an annual dividend of $27.94. What amount will Della need to send the insurance
company to pay the balance due on the annual premium?
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Math
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2022-02-06T19:59:43+00:00
2022-02-06T19:59:43+00:00 1 Answer
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Answer:
645.56
Step-by-step explanation:
50000/1000 13.37=673.50
673.50
-27.94