Answer:
<u> -54.5%</u>
Step-by-step explanation:
You will have to use this formula
When substituted in you have
30-66=-36
-36/66= -0.54 (54 repeating)
Then you have to convert this into a percentage, -54.54(repeating) percent
To the nearest hundredth you would round down to<u> -54.5%</u>.
It is a Decrease because it is negatated.
From the given table, the annual premium rate as a percentage of value insured a person at age 35 has to pay is 0.14%.
Reasons:
The data in the table are presented as follows;
From the above table, we have that the amount a 35 year old without health issues will pay per $1,000 is $1.40
Therefore, the amount to be paid for $115,000 is 115 × $1.4 = $161
The amount Bernard pays = 15% more = 1.15 × $161 = $185.15
Therefore;
The amount more Bernard has to pay = $185.15 - $161 = $24.15 ≈ <u>$24</u>
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