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

question 155

Short Answer

Calculate the annual, semiannual, quarterly, and monthly premiums for the following life insurance policy, rounding to the nearest cent. $$\begin{array} { l l l l l l l } \text { Face } & \text { Sex and } & & & & \\\text { Value of } & \text { Age of } & \text { Type of } & \text { Annual } & \text { Semiannual } & \text { Quarterly } & \text { Monthly } \\\text { Policy } & \text { Insured } & \text { Policy } & \text { Premium } & \text { Premium } & \text { Premium } & \text { Premium } \\\hline \$ 10,000 & \text { Female-23 } & \begin{array} { l } 20 - \text { Year } \\\text { Endowment }\end{array} & & & &\end{array}$$

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Definitions:

Religious Zeal

A fervent or fanatic devotion and enthusiasm towards one's religion.

Joseph Smith

The founder of the Latter Day Saint movement, commonly known as Mormonism, and translator of the Book of Mormon.

Brigham Young

Brigham Young was an American religious leader, colonizer, and the second president of The Church of Jesus Christ of Latter-day Saints (LDS Church), leading the Mormon pioneers to the Salt Lake Valley in Utah.