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24 January, 18:07

After getting married, Joe, 32, and Melinda, 29, decide to take out life insurance policies. Joe would like a 15-year term policy and Melinda would like a 20-year term policy. They each want a $300,000 policy. How much can Joe and Melinda expect to pay in premiums the first year? a. $2,478 b. $2,484 c. $1,488 d. $2,409

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  1. 24 January, 21:14
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    B.$2,484 is the correct answer.
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