We have been given that James Harmon pays $850.80 per year for his life insurance. If Mr. Harmon were to pay the premiums monthly, the payments would be $76.57.

First of all, we will find the amount paid for the year using the monthly rate by multiplying $76.57 by 12 (1 year = 12 months).

$\text{Amount paid for the year using the monthly rate}=\$76.57\times 12$

$\text{Amount paid for the year using the monthly rate}=\$918.84$

Now, we will use percent change formula.

$\text{Percent change}=\frac{\text{Final value}-\text{Initial value}}{\text{Initial value}}\times 100$

$\text{Percent change}=\frac{\$918.84-\$850.80}{\$850.80}\times 100$

$\text{Percent change}=\frac{\$68.04}{\$850.80}\times 100$

$\text{Percent change}=0.0799717912552891\times 100$

$\text{Percent change}=7.99717912552891\%$

$\text{Percent change}\approx 8.0\%$

Therefore, Mr. Harmon is paying 8.0% more for the year using the monthly rate.

3 0

3 years ago

An elevator started on the first floor and went up 18 floors. It then comes down 11 floors and went back up 16 floos. At what fl

Zinaida [17]

23 floors is your answering

5 0

3 years ago

Read 2 more answers

please help me! Bethany incorrectly simplified the following expression: (4 x 10^11) (3 x 10^-14) + 0.000005 Which of Bethany’s

Naya [18.7K]

Answer:

Below.

Step-by-step explanation:

Step 1: it is 5 x 10^-6 not 5 x 10^-5.

Step 5 : the result of the addition is 170 x 10^-4 not 170 x 10^-8.

3 0

3 years ago

ll the members of a construction crew work at the same pace. Six of them working together are able to pour foundation in 22 hour

Naddika [18.5K]

Answer:

44 hours

Step-by-step explanation:

Decreasing the people by a factor of 2 means we have 3 people

The job takes 6* 22 = 132 people hours

When we decrease the people, it will take more hours

132 people hours = 3 people * t hours

Divide each side by 3

132/3 = 3t/3

44 = t

It will take 44 hours

3 0

3 years ago