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Crank
3 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]3 years ago
8 0

Answer:

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

liq [111]3 years ago
6 0

Answer:

a.

Step-by-step explanation:

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Doss [256]

The length of PR is 16 inches.

Solution:

PQR is a triangle and ST is the mid-segment of ΔPQR.

Given ST = 8 inches

By triangle mid-segment theorem,

<em>The segment connecting the mid-points of two sides of a triangle is parallel to the third side and is half of the length of that side.</em>

\Rightarrow  ST || PR \ \text{and}  \ ST=\frac{1}{2} PR

$\Rightarrow S T=\frac{1}{2} P R

$\Rightarrow 8=\frac{1}{2} P R

Multiply by 2 on both sides.

$\Rightarrow 8\times 2=2\times \frac{1}{2} P R

⇒ 16 = PR

The length of PR is 16 inches.

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3 years ago
Spencer took $21 with him to the mall. At the music store he spent 2/3 of his money on a DVD. Then spent 1/4 on a drink. How muc
frutty [35]
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After the drink, he has $3.5 left, because 14:4=3.5 and 3.5x1=3.5.

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3 years ago
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In a recent survey of 700 people, 15% said that red was their favorite color. How many people said that red was their favorite c
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Answer:

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In a recent survey of 700 people, 15% said that red was their favorite colour. 105 people said read was their favorite colour.

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Alex Ar [27]
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Step-by-step explanation:

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