<span>Tomio, age 28, takes out $50,000 of straight-life insurance. His annual premium is $418.20. Using the tables found in the textbook, determine the cash value of his policy at the end of 20 years.
A. $26,500
B. $30,000
C. $13,250
D. $26,000
</span>50,000/1,000 = 50
265*50 = $13,250
So the cash value of this policy is $13,250
<span>
The correct answer is:
</span><span>C. $13,250</span>
Answer:
The next term is 64, a is 2, and the common ratio is 2.
Step-by-step explanation:
Look at what's happening from each number to the next. What do you need to do to get from 2 to 4, or 4 to 8? Multiply by 2. That's your common ratio. To get the next number in the sequence, multiply the last number by the common ratio of 2. 32 x 2 = 64, so the next number in the sequence is 64. "a" is just the very first term, meaning it's 2.
Answer:
d
Step-by-step explanation:
..................
W = 3L so 64 = WL = (3L)(L) = 3 L ^2 Square root both sides. W = 8
