1.
Kara, a 25-year-old female, bought a $50,000, 10-year life insurance policy through her employer. Kara is paid semimonthly. How much is deducted from each of her paychecks for life insurance? Use the table.
A. $4.81
B. $5.21
C. $6.25
D. $6.77
2.
Dawson, a 42-year-old male, bought a $180,000, 20-year life insurance policy. What is Dawson's annual premium? Use the table.
A.$819.00
B.$1040.40
C.$1859.40
D.$2462.40
