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Crank
2 years ago
7

A 50-year-old male purchased a 20-Year Endowment insurance policy at the age of 40.The face value of the policy was $85,000. He

asks his insurance agent for a reduced paid up insurance nonforfeiture option. Given the table below and the permanent insurance amount of $48.20 per thousand, determine the reduced paid up insurance value and the annual premium.
Mathematics
2 answers:
konstantin123 [22]2 years ago
8 0

Answer:

The reduced paid up insurance value is $47,770 and the annual premium is $4,097

liq [111]2 years ago
6 0

Answer:

a.

Step-by-step explanation:

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Multiply. Write in simplest form 3/10 x 8
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What is the factored form of this expression? 4t2 − 27t + 18
seraphim [82]

Answer:

(4t − 3) (t − 6)

Step-by-step explanation:

Using AC method:

Given a quadratic ax² + bx + c, find factors of ac that add up to b.  Divide those factors by a and reduce.  The denominators become the coefficients and the numerators become the constants.

Here, a = 4, b = -27, and c = 18.

ac = 4 × 18 = 72

Factors of 72 that add up to -27: -3 and -24

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So the factored expression is:

(4t − 3) (t − 6)

5 0
3 years ago
Question: Antonio is working with a new geometric series generated by the equation A(n)=20(1.1)^n-1.His sister challenged him to
Mekhanik [1.2K]

Answer:

sum of 22nd = 1,428.05

sum of 23 to 40 is 932.53

Step-by-step explanation:

A(n)=20(1.1)^n-1

20 is the first term or a1

1.1 is the common ratio or r

A(22) = 20(1.1)^22-1

22nd term = 20(1.1)^21

22nd term = 148.00

sum of geometric sequence

formula

Sn = a1(1-r^n)/1-r

Sn = sum

a1 = first term

n = number of term

r = constant ratio

sum of 22nd = 1,428.05.

23 to 40 is 17 terms

Sequence: 23, 25.3, 27.83, 30.613, 33.6743, 37.04173, 40.745903 ...

The 17th term: 105.684378686

Sum of the first 17 terms: 932.528165548

socratic

miniwebtoolcomgeometricsequencecalculator

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2 years ago
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