If a 2 charge is added to the annual premium of 121300 when


if a 2% charge is added to the annual premium of $1213.00 when payments are made semiannually, how much would semiannual payments be?

A $ 618.63
B $ 550.80
C $ 1213.00
D $ 323.08

 

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Finance Basics: If a 2 charge is added to the annual premium of 121300 when
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