<span>Tomio, age 28, takes out $50,000 of straight-life insurance. His annual premium is $418.20. Using the tables found in the textbook, determine the cash value of his policy at the end of 20 years.
A. $26,500
B. $30,000
C. $13,250
D. $26,000
</span>50,000/1,000 = 50
265*50 = $13,250
So the cash value of this policy is $13,250
<span>
The correct answer is:
</span><span>C. $13,250</span>
B) 19/8 + 28/8
have a great day!
Answer:
Step-by-step explanation:
Events: 1,2,3,4,5,6
Odd number are numbers not divisible by 2
Odd number < 5 are 1 & 3
P(odd numbers <5)= 2/6
= 1/3
Answer:
4/5
Step-by-step explanation:
5/8=1/2/x
x=(1/2)/(5/8)
x=(1/2)(8/5)
x=8/10
simplify
x=4/5
If the equation is passing trough the origin, it will be passing trough the point (0,0). We now for our problem that the equations is also passing trough the point (-4,3). So, our line is passing trough the points (0,0) and (-4,3). To write the equation in slope-intercept form, first, we need to find its slope . To do that we are going to use the slope formula: .
From our two points we can infer that , , , . Lets replace those values in the slope formula:
Now that we have our slope, we can use the slope-intercept formula:
We can conclude that the equation of the line passing trough the points (0,0) and (-4,3) is .