Please help. Marika is training for a race.
1 answer:
Let's call n the number of days Marika's been training for the race, and the distance she runs on the nth day in meters. After the first day, when n = 1, she runs 100 meters, so
On the second day, she runs an additional 4 meters, on the third day, another 4, and so on. Here's what that looks like mathematically:
It would be easier to write this continued addition as multiplication, in which case those same equations would look like
Notice that, in every case, the number 4 is being multiplied by is 1 less than n. We could even write for our first term that . In general, we can say that
Which is expressed by option B.
(Bonus: What piece of information from this question did we not need to use here?)
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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;