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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?

User Idealist
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1 Answer

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Answer:

645.56

Explanation:

50000/1000 13.37=673.50

673.50

-27.94

User PapaFreud
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