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1. Plan A: Individual annual premium is $1,410 (additional $80 a month for family coverage). The company pays nothing toward the individual's insurance premium. Individual
1. Plan A: Individual annual premium is $1,410 (additional $80 a month for family coverage). The company pays nothing toward the individual's insurance premium.
Individual monthly premium: __________________
Family monthly premium: _____________________
Plan B: Individual annual premium is $980 (additional $80 a month for family coverage). The company pays $45 of monthly premium for each employee.
Individual monthly premium: ______________________
Family monthly premium: _________________________
Complete the following life insurance problems.
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