Mathew wishes to obtain a 20-payment life insurance policy having a face value of $420,000,...
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Mathew wishes to obtain a 20-payment life insurance policy having a face value of $420,000, what would be her quarterly premium if she were 40 years old? (Round your answer to the nearest cent)
$1,249.16
$3,962.87
$3,728.40
$1,002.25
Show me the complete calculation and each step
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