4 x 7 is 28, and 8 x 7 is 56. You can use 4 x 7 to find 8 x 7 by multiplying that first and doubling that quotient.
Half of 56 is 28, therefore doubling that allows us to find the quotient of 8 x 7.
The adjusted cost basis of the policy is $185,200.
<h3>How to calculate the ACB?</h3>
It should be noted that the adjusted cost basis is simply the sum of premiums paid less the accumulation of the cost.
Here, the adjusted cost basis will be the The cash surrender value of the policy which is $185,200.
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Answer:
see below
Step-by-step explanation:
number 1 goes to 769.5=B(9.5) then to 81
number 2 goes to v=90.25(9.5) then to 857.375
number 3 goes to 95=19(h) then to 5
Firstly we need to simplify it:
3/75 = 1/25
We know that 1/25 is as much as 4/100 which can be written as 0,04.
Also 0,04 is as much as 4%.
I hope it'll help you :)