Answer:
Answer is: $148,809.52
Step-by-step explanation:
Susan has purchased a whole life policy with a death benefit of $200,000.
Assuming that she dies in 10 years.
Rate = 3% or 0.03
Future value after 10 years = =
= 1.344
Purchasing power of proceeds = = $148,809.52
Step-by-step explanation:
it may help you to understand
The Pythagorean Theorem works only with right angle triangles. There are three sides: Side A, Side B, and the hypotenuse.
The formula for the Pythagorean Theorem is: a^2 + b^2 = c^2
To find the answer (without the exponent), you should find the square root.
Now that we have the formula, let's apply it to a triangle:
90^2 + 95^2 = c^2 =
8100 + 9025 = 17125
Square root = 130.86252328302
130.86252328302 is the exact measure of the hypotenuse.
I hope this helped!
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Have an amaing day!
