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anonymous

  • one year ago

Sherita, age 37, wants to pay no more than $750 a year in life insurance. If the annual life insurance premium rate (per $1000 of face value) is $3.96, what is the largest 15-year term policy she can buy without spending more than $750 annually? a. $189,000 b. $109,890 c. $203,252 d. $276,750

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  1. anonymous
    • one year ago
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    @mathstudent55

  2. anonymous
    • one year ago
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    @Vocaloid

  3. anonymous
    • one year ago
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    @purplemexican

  4. anonymous
    • one year ago
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    @Algorithmic

  5. anonymous
    • one year ago
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    the formula

  6. anonymous
    • one year ago
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    if i knew the formula i wouldnt be asking for help

  7. anonymous
    • one year ago
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    so are you gonna give me the formula or the answer?

  8. anonymous
    • one year ago
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    The answer is A 189,000

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spraguer (Moderator)
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