I need step by step answer how to do finance homework someone help?
Kevin is 30 years old. He wants to take out a 15-year level term insurance policy with a face value of $500,000. The monthly premium is $56. What will be his total cost over the 15-year period?
And the rest of the questions thanks
- D.E.B.S.Lv 71 month ago
Step 1: Take the monthly premium
Step 2: Multiply Step 1 by the number of months in the year
Step 3: Multiply Step 2 by the number of years
Can't read the rest of the questions, but that first one was 3rd grade level.