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nadya68 [22]
3 years ago
10

(20 POINTS) 1 HOUR TO ANSWER PLEASE HELP

Business
1 answer:
Lyrx [107]3 years ago
7 0

You do the reverse here of what you did in the other question.

Find the multiplier for a 23 year old female in a 5 year plan (2.30)

You then divide the premium (242.11) by 2.30

To find the face value, you multiply that answer by 1000 and round to the nearest decimal.

You are just backing into the face value this time.

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:) Let me know if this helps!

(Are you talking about commercial banks?)

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