Question 27: Vince purchased a condo in Brossard on Montreal's South Shore near Dix30 for $550,000. What would be his land transfer tax (taxe de bienvenue)? See the chart below for the applicable rates. (1 Point) Amount Rate $50,000 0.005 $250,000 - $50,000 0.01 Over $250,000 0.015 $7,000 $3,250 $9,750 $6,750 Question 28: Which type of life insurance is renewed periodically? (1 Point) Term insurance Universal Term-to-100 Whole life