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aliya0001 [1]
3 years ago
15

Mr. Hopper takes out a term life insurance policy with a renewable annual premium. The first year premium is $350. Premiums incr

ease by 7% each year. What will the premiums be in the second year? What will the premiums be in the third year? Round to the nearest cent.
Mathematics
1 answer:
Varvara68 [4.7K]3 years ago
7 0

Answer:

2 year is $374.70

3 year $400.72

Step-by-step explanation:

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Answer:

3.8 = 38/10

Step-by-step explanation:

The given number = 3.8

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Here we have 1 digit after the decimal. To get rid off the decimal number, we need to multiply both the numerator and the denominator by 10 since we have to 1 digit after the decimal.

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