Answer:
$278
Step-by-step explanation:
There is an endowpayment policy with face of $25,000 with the annual premium $22.24 per $1000.
So, the annual premium of the endowpayment policy with face of $25,000 will be equal to [tex]\frac{25000}{1000}\times 22.24 = 556[/tex] dollars.
And the semi annual payment for this policy will be [tex]\frac{556}{2} = 278[/tex] dollars. (Answer)
