Calculate the Annual, Semiannual, Quarterly, and Monthly Premiums for the Following

question 153

Short Answer

Calculate the annual, semiannual, quarterly, and monthly premiums for the following life insurance policy, rounding to the nearest cent. $$\begin{array} { l l l l l l l } \text { Face } & \text { Sex and } & & & & \\\text { Value of } & \text { Age of } & \text { Type of } & \text { Annual } & \text { Semiannual } & \text { Quarterly } & \text { Monthly } \\\text { Policy } & \text { Insured } & \text { Policy } & \text { Premium } & \text { Premium } & \text { Premium } & \text { Premium } \\\hline \$ 30,000 & \text {Male-21 } & \begin{array} { l } 20 - \text { Payment} \\\text { Life }\end{array} & & & &\end{array}$$

---

Definitions:

Capital Flight

The large-scale exodus of financial assets and capital from a country due to economic or political instability, leading to a decrease in investment and economic growth.

IACs

An abbreviation that could refer to "Internet Access Controllers," though without a specific context, its accurate meaning might vary.

Domestic Output

The total value of all goods and services produced within a country’s borders.