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If you were paying out of pocket other than annual it may be due to the modal factor.
Winner Winner .....
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If you were paying out of pocket other than annual it may be due to the modal factor.
Hmm. You're financing the annual premium of $6812 with monthly premiums of $613.08 ($7357 divided by 12), with premiums payable at the beginning of each period.
That's a compound finance rate of over 17%. Ouch.