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 

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1 Answer

  • 1 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.

    • gianna1 month agoReport

      Thanks so much 

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