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Huberto's whole lifepolicy has an annual premium of $2,550 and the following modal factors: monthly 0.89 quarterly 0.29 semi-annual 0.52 How much money would Huberto
Huberto's whole lifepolicy has an annual premium of $2,550 and the following modal factors:
- monthly 0.89
- quarterly 0.29
- semi-annual 0.52
How much money would Huberto save each year if he pays his premiums on an annual rather than quarterly basis?
a)$0
b)$102.00
c)$408.00
d)$739.50
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