Trudy Kaminski purchased a whole life insurance policy with a face value of $50,000. The annual base premium is $21.74 per $1,000. What is her annual premium?

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A (U.S.) business math course typically includes a review of elementary arithmetic, including fractions, decimals, and percentages. Elementary algebra is often included as well, in the context of solving practical business problems.


Trudy Kaminski purchased a whole life insurance policy with a face value of $50,000. The annual base premium is $21.74 per $1,000. What is her annual premium?