The face value of the largest 20-year term policy which Maria can buy without spending more than $300 annually is $158,000.
<h3>What is face value?</h3>
Face is the term used in finance, is used for the amount which has to be paid to the policyholder at the time of maturity.
Maria, age 28, wants to pay no more than $300 a year in life insurance.
The period for this policy is 20-year term.
Annual life insurance premium (per 1,000 dollars of face value) for age 28.
- A 10-year term for female is 1.28,
- A 15 year term for female is 1.54,
- A 20 year term for female is 1.89,
- A whole life for female is 9.46.
For the 20 year term for female is 1.89 and annular premium is $300. Thus, the face value is,
Thus, the face value of the largest 20-year term policy which Maria can buy without spending more than $300 annually is $158,000.
Learn more about the face value here;
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Answer:
$4,000
Step-by-step explanation:
10% of $20,000 is $2,000, which means the price of the car is decreasing by $2,000 each year. After 8 years, the price of the car has decreased by $16,000 ($2,000 times 8 years). The totals cost of the car is now $4,000, as it was originally $20,000, but decreased by $16,000. (20,000-16,000=4,000).
Answer:
The domain is all x -values or inputs of a function and the range is all y -values or outputs of a function. When looking at a graph, the domain is all the values of the graph from left to right. The range is all the values of the graph from down to up.
Step-by-step explanation:
2 for $4 because if you take the dollar amount and divide it by the amount of packs you will get the lowest number.
So, to find the area of a triangle we use the formula
a=1/2bh
So to find the base measure across the bottom line.
And to find the height, measure the length of the sitter line (the one in the middle spanning from top to bottom)
We then multiply the base and the height
After that we take the answer we got from multiplying the base and the height and divide it by 2
And the number you get after you divide it by 2 is the area of the triangle.
So, we know the base of the triangle is 6cm and the height is 2cm
Then we do 6×2=12
12/2=6
So the area is 6cm
and the number closest to 6 is 12
So your answer should be A
