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tiny-mole [99]
3 years ago
12

If Jesse wants to buy a $75,000 10-year term life insurance policy, and the annual premium rate (per $1000 of face value) for hi

s age group is $2.34, how much is Jesse’s annual premium?
Mathematics
1 answer:
Illusion [34]3 years ago
5 0
To the annual premium rate we use the formula:
A = (Benefit Volume / Face Value) (Annual Premium Rate)

Here are the given values:
Benefit Volume = $75,000
Face Value = $1,000
Annual Premium Rate = $2.34

Plugging in the given values:
A = ($75,000 / $1000) ($2.34)
A = $175.50

The annual premium is $175.50
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Help me please!! Thank you!
Alexus [3.1K]

Answer:

0.25 I think

Step-by-step explanation:

1/4 is 0.25

4 0
3 years ago
A shopkeeper buys two types of tea one at $20 for 10 kg and the other at $23 for 10 kg. He mixes the two types and the mixture i
lorasvet [3.4K]
Let us take the case of first type of tea
Cost of 10 kg of tea one = $20
Then
Cost of 1 kg of tea one = (20/10) dollars
                                     = 2 dollars
Now let us take the case of the second kind of tea
Cost of 10 kg of tea = $23
Then
Cost of 1 kg of tea = (23/10) dollars
                               = 2.3 dollars
So
The mixture of 1 kg of tea one
and 1 kg of second type of tea will cost = (2.0 + 2.3) dollars
                                                                = 4.3 dollars
Then the cost of 2kg mixture of tea costs = 4.3 dollars
So
The cost of 10 kg mixture will cost = (4.3/2) * 10 dollars
                                                         = 4.3 * 5 dollars
                                                        = 21.5 dollars
Then
The amount of profit made by selling 10 kg tea at $38 = (38 - 21.5) dollars
                                                                                       = 16.5 dollars
So
Percentage of profit made = (16.5/21.5) * 100
                                           = 1650/21.5
                                           = 76.74 percent
So the percentage of profit made is 76.74%.
3 0
3 years ago
You want to build a fence around a rectangular yard that is 15 ft. Wide and 25 ft. Long. Find the perimeter of the yard. If fenc
nikklg [1K]

Answer:

$500

Step-by-step explanation:

25*2=50

15*2=30

15(2)+25(2)=80

80(6.25)=500

5 0
2 years ago
Melanie wants to purchase a car that costs $43, 150. She has decided to make a 20% down payment. Her bank offers her a 48-month
julsineya [31]

The amount of interest paid on the car loan for the first 12 months would be $ 453,075.

Given that Melanie wants to purchase a car that costs $ 43,150, and she has decided to make a 20% down payment, and her bank offers her a 48-month loan at a 5.25% interest rate, to determine what is the amount of interest paid on the car loan for the first 12 months the following calculation must be performed:

  • (43,150 x (1 - 0.20)) x 0.0525 = X
  • 43,150 x 0.8 x 0.0525 = X
  • 34,520 x 0.0525 = X
  • 1,812.3 = X
  • 1,812.3 / 48 x 12 = X
  • 37.75625 x 12 = X
  • 453.075 = X

Therefore, the amount of interest paid on the car loan for the first 12 months would be $453,075.

Learn more in brainly.com/question/22597509

6 0
3 years ago
What is the measure of WX shown in the diagram below
Alexxandr [17]

Answer:

D. 32^{\circ}

Step-by-step explanation:

We have been given an image of a circle. We are asked to find the measure of arc WX.

Upon looking at our given diagram, we can see that angle S is formed by intersecting secants outside the circle.

We will use intersecting secants theorem, which states that measure of an angle formed by two intersecting secants outside a circle is half the difference of intercepted arcs.

Using above theorem, we can set an equation to find the measure of arc  WX as:

m\angle S=\frac{\text{Major Arc-Minor Arc}}{2}

41^{\circ}=\frac{114^{\circ}-WX}{2}

2*41^{\circ}=\frac{114^{\circ}-WX}{2}*2

82^{\circ}=114^{\circ}-WX

82^{\circ}-114^{\circ}=114^{\circ}-114^{\circ}-WX

-32^{\circ}=-WX

WX=32^{\circ}

Therefore, the measure of arc WX is 32 degrees and option D is the correct choice.

4 0
3 years ago
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